Tosos II Inc

Analysis

Tosos II Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tosos II Inc reported income of $88k and spending of $88k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $40k to $88k (+118%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tosos II Inc sits at the 37th percentile: it is larger than about 37% 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 Barnstable Historical Society ($88k), Historic Marion Revitalization Association Inc ($88k) and KB Dance & Performing Arts Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 24% of the total. At year end it held assets of $16k against liabilities of $8,438, net assets of $7,764.