Toledo Zoological Society

Analysis

Toledo Zoological Society is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in June 1943, 83 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Toledo Zoological Society reported income of $47.5m and spending of $43.7m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $35.6m to $47.5m (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Toledo Zoological Society sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Nashville Zoo Inc ($47.4m), Lincoln Park Zoological Society ($48.4m) and Arizona Center for Nature Conservation ($46.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $1.1m (2.4% of expenses). Other salaries and wages came to $17.6m. It paid $390k in professional fundraising fees. At year end it held assets of $160.1m against liabilities of $9.9m, net assets of $150.2m. It reported 1,427 employees.