Tolson Group

Analysis

Tolson Group is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Tolson Group reported income of $493k and spending of $343k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $324k to $493k (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tolson Group sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Saranaloka Foundation ($493k), Unity Christian Fellowship Inc ($493k) and Eurasian Baptist Mission ($493k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $180k (52% of expenses). Other salaries and wages came to $46k. At year end it held assets of $955k against liabilities of $0, net assets of $955k. It reported 4 employees.