Tom Tod Ideas Inc

Analysis

Tom Tod Ideas Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Tom Tod Ideas Inc reported income of $659k and spending of $709k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $328k to $659k (+101%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tom Tod Ideas Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Rise Up Inc ($658k), Seeds 4 Success Inc ($659k) and I Am 24 7 ($658k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $68k (9.6% of expenses). Other salaries and wages came to $411k. At year end it held assets of $321k against liabilities of $78k, net assets of $243k. It reported 17 employees.