Toys for Kids

Analysis

Toys for Kids is a registered charity in United States, based in Grand Prairie, TX. It received its IRS tax-exemption ruling in February 1964, 62 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Toys for Kids reported income of $69k and spending of $70k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $69k (+0.2%), an average of +0.2% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Toys for Kids sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Boonton Township Fire Department Inc ($69k), PTA North Carolina Congress ($69k) and Endowment and Development Fund of the International Brotherhood of M ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.