Toledo Community Service Center

Analysis

Toledo Community Service Center is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in October 1987, 39 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 June 2023, Toledo Community Service Center reported income of $888k and spending of $932k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $677k to $888k (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Toledo Community Service Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Honor Flight Northeast Indiana Inc ($888k), Cardinal McIntyre Fund for Charity ($888k) and Virginia Housing Alliance ($888k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (7.8% of expenses). Other salaries and wages came to $525k. At year end it held assets of $453k against liabilities of $195k, net assets of $258k. It reported 26 employees.