Toniic Institute

Analysis

Toniic Institute is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Toniic Institute reported income of $2.9m and spending of $3.1m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.9m (-6.3%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Toniic Institute sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include United Way of Door County Inc ($2.9m), Impact France Inc ($2.9m) and Magnified Giving ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $361k (12% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.7m against liabilities of $791k, net assets of $1.9m. It reported 16 employees.