Friends of Toldos Tzvi Inc

Analysis

Friends of Toldos Tzvi Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 1990, 36 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Toldos Tzvi Inc reported income of $732k and spending of $829k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $336k to $732k (+118%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Toldos Tzvi Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Delhi Campus Child Care Center Inc ($732k), Osnabrock Community Living Center Inc ($732k) and Madonna Plaza Inc ($732k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $57k. At year end it held assets of $14k against liabilities of $599k, net assets of -$585k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.