Toms River Field of Dreams Inc

Analysis

Toms River Field of Dreams Inc is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in August 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 (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, Toms River Field of Dreams Inc reported income of $362k and spending of $340k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $782k to $362k (-54%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 342%. Over the whole period it spent 29% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Toms River Field of Dreams Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Adult and Teen Challenge Super Thrift Store Inc ($362k), Community Helpers USA ($362k) and National Immigrant Farming Initiative ($362k).

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 $35k. At year end it held assets of $3.0m against liabilities of $251k, net assets of $2.7m. It reported 7 employees.