Magic Tooth Bus

Analysis

Magic Tooth Bus is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Magic Tooth Bus reported income of $169k and spending of $159k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $169k (+234%), an average of +234% a year. The sharpest change came in the year to December 2023, when income rose by 234%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Magic Tooth Bus sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Age Well Forsyth Inc ($169k), Family Guidance Center Transitional Housing Corporation ($169k) and Agape House Asia Inc ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.