Toledo Choral Society Inc

Analysis

Toledo Choral Society Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2024, Toledo Choral Society Inc reported income of $99k and spending of $92k, spending 94% of its income. Across the 2 years on record, from August 2023 to August 2024, income fell from $104k to $99k (-5.3%), an average of -5.3% a year. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Toledo Choral Society Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include Pearls of Purpose Foundation Inc ($99k), Butler Rural Community Connection Inc ($99k) and Sertoma Inc ($98k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 40% and program service revenue 43% of the total. At year end it held assets of $276k against liabilities of $0, net assets of $276k.