Bottomless Toy Chest Inc

Analysis

Bottomless Toy Chest Inc is a registered charity in United States, based in Bloomfld HLS, MI. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Bottomless Toy Chest Inc reported income of $431k and spending of $424k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $365k to $431k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bottomless Toy Chest Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Up & Coming Youth Inc ($431k), Camelot for Children Inc ($431k) and Especially for Athletes Inc ($431k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $133k. At year end it held assets of $232k against liabilities of $10k, net assets of $221k. It reported 10 employees.