Toledo Rise & Shine Inc

Analysis

Toledo Rise & Shine Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in January 2022, 4 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Toledo Rise & Shine Inc reported income of $1.7m and spending of $1.6m, spending 94% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $1.4m to $1.7m (+23%), an average of +11% a year. 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 Rise & Shine Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Presumpscot Regional Land Trust Inc ($1.7m), St Lukes Health System Inc ($1.7m) and Better Man Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $835k. At year end it held assets of $1.6m against liabilities of $1.9m, net assets of -$285k. It reported 30 employees.