Toms River Police Foundation Inc

Analysis

Toms River Police Foundation Inc is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Toms River Police Foundation Inc reported income of $73k and spending of $111k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $76k to $73k (-4.0%), an average of -1.0% a year. The sharpest change came in the year to December 2022, when income rose by 149%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Toms River Police Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Parent Community Preschool Inc ($73k), Free Association Inc ($73k) and Systematic Tutoring Resulting in Development of Essential Skills ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $253k against liabilities of $3,500, net assets of $249k.