Motor for Toys Charitable Foundation

Analysis

Motor for Toys Charitable Foundation is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in December 2006, 20 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 August 2023, Motor for Toys Charitable Foundation reported income of $359k and spending of $356k, spending 99% of its income. Across the 6 years on record, from August 2017 to August 2023, income fell from $464k to $359k (-23%), an average of -5.0% a year. The sharpest change came in the year to August 2019, when income rose by 58%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Motor for Toys Charitable Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Community Ministry of Prince George S County Maryland ($359k), Alongside Families ($359k) and Magical Beginnings Early Childhood Center Inc ($359k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.