Toe River Aggregation Center Training Organization Regional Inc

Analysis

Toe River Aggregation Center Training Organization Regional Inc is a registered charity in United States, based in Spruce Pine, NC. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Toe River Aggregation Center Training Organization Regional Inc reported income of $1.4m and spending of $703k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $475k to $1.4m (+195%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 150%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Toe River Aggregation Center Training Organization Regional Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Shared Horizons Inc ($1.4m), Womens Rights and Empowerment Network ($1.4m) and Corvallis Homeless Shelter Coalition Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $69k (9.8% of expenses). Other salaries and wages came to $265k. At year end it held assets of $2.1m against liabilities of $677k, net assets of $1.5m. It reported 11 employees.