Metroparks Toledo Foundation

Analysis

Metroparks Toledo Foundation is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in February 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Metroparks Toledo Foundation reported income of $3.8m and spending of $2.4m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $862k to $3.8m (+343%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 122%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Metroparks Toledo Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Illuminating Engineering Society ($3.8m), Long Island Coalition for the Homeless ($3.8m) and Kreider Services Foundation Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $6.6m against liabilities of $539, net assets of $6.6m.