Old Newsboys Goodfellow Association of Toledo Ohio

Analysis

Old Newsboys Goodfellow Association of Toledo Ohio is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2023, Old Newsboys Goodfellow Association of Toledo Ohio reported income of $284k and spending of $259k, spending 91% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $252k to $284k (+13%), an average of +3.0% a year. The sharpest change came in the year to May 2022, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Old Newsboys Goodfellow Association of Toledo Ohio sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Leadership Montgomery County ($284k), New Beginnings Community Center Inc ($284k) and Agape Pregnancy Support Services ($284k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.