Partners in Education of Toledo

Analysis

Partners in Education of Toledo is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in August 1994, 32 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 July 2023, Partners in Education of Toledo reported income of $472k and spending of $437k, spending 93% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $411k to $472k (+15%), an average of +4.8% a year. The sharpest change came in the year to July 2022, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Partners in Education of Toledo sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include National Outdoor Learning Alliance ($472k), Tomball Athletic Booster Club Inc ($472k) and Global Education Center ($472k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 65% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $70k (16% of expenses). Other salaries and wages came to $255k. At year end it held assets of $208k against liabilities of $98k, net assets of $110k. It reported 34 employees.