Toys for Tots Inc

Analysis

Toys for Tots Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in May 1976, 50 years ago. 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, Toys for Tots Inc reported income of $86k and spending of $115k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $86k (-5.4%), an average of -5.4% a year. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Toys for Tots Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Uconn Club Inc ($86k), Clark County Humane Association Inc ($86k) and Pearl S Buck Foundation Inc Volunteer Association ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.