Friends of the Boys and Girls Clubs of Toledo

Analysis

Friends of the Boys and Girls Clubs of Toledo is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in March 1990, 36 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, Friends of the Boys and Girls Clubs of Toledo reported income of $794k and spending of $770k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $804k to $794k (-1.2%), an average of -0.3% a year. The sharpest change came in the year to December 2022, when income rose by 312%. Over the whole period it spent 46% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of the Boys and Girls Clubs of Toledo sits at the 83rd percentile: it is larger than about 83% 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 Carteret County Partnership for Children ($794k), Ground Zero Ministries Inc ($795k) and Boy Scouts of America ($794k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $135k. At year end it held assets of $3.9m against liabilities of $8,694, net assets of $3.9m.