Toys for Kids Inc

Analysis

Toys for Kids Inc is a registered charity in United States, based in Palm Bay, FL. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Toys for Kids Inc reported income of $183k and spending of $108k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $134k to $183k (+36%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 65% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Toys for Kids Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include East Brunswick Education Foundation Inc ($183k), Breast Cancer Eradication Initiative Inc ($183k) and Thomas Davis Defending Dreams Foundation ($183k).

At year end it held assets of $332k against liabilities of $0, net assets of $332k.