Toledo Housing Corporation

Analysis

Toledo Housing Corporation is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Toledo Housing Corporation reported income of $83k and spending of $20k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $83k (-92%), an average of -47% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 11% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Toledo Housing Corporation sits at the 19th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within OH. Charities of a similar size with the same main cause include Good Sheperd Village Housing Corporation ($83k), Marc Resources IV Inc ($83k) and Soque River Watershed Association Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $15.2m against liabilities of $5.4m, net assets of $9.8m.