Junior League of Toledo Inc

Analysis

Junior League of Toledo Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in September 1945, 81 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 May 2023, Junior League of Toledo Inc reported income of $63k and spending of $63k, spending 101% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $88k to $63k (-28%), an average of -8.0% a year. The sharpest change came in the year to May 2022, when income rose by 86%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Junior League of Toledo Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Junior League of Omaha Foundation Inc ($63k), Famicare Inc ($63k) and Maryland Automobile Dealers Association Foundation ($63k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 5.2% and program service revenue 34% of the total. Other salaries and wages came to $5,500. At year end it held assets of $1.3m against liabilities of $30k, net assets of $1.3m. It reported 1 employees.