Toy Lift Charities

Analysis

Toy Lift Charities is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover human services, 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 June 2023, Toy Lift Charities reported income of $98k and spending of $128k, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $102k to $98k (-3.7%), an average of -0.9% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Toy Lift Charities sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Operation Brotherhood West Center ($98k), Golden Butterfly Bakers Inc ($98k) and Greater Love Adoption Decision Inc ($98k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.