Toledo Roadrunners Club

Analysis

Toledo Roadrunners Club is a registered charity in United States, based in Maumee, OH. It received its IRS tax-exemption ruling in March 1976, 50 years ago. 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, Toledo Roadrunners Club reported income of $825k and spending of $791k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $588k to $825k (+40%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Toledo Roadrunners Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include El Paso Chamber of Commerce ($825k), Musk Ox Development Corporation ($825k) and The Crisis Center for Domestic Abuse and Sexual Assault ($825k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $19k (2.4% of expenses). Other salaries and wages came to $3,000. At year end it held assets of $522k against liabilities of $0, net assets of $522k. It reported 1 employees.