Tolstoy Education Foundation

Analysis

Tolstoy Education Foundation is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tolstoy Education Foundation reported income of $135k and spending of $134k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $135k (-2.4%), an average of -2.4% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tolstoy Education Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within MD. Charities of a similar size with the same main cause include Cane Bay High School Band Boosters ($135k), Bighelp for Education ($135k) and Illinois Art Education Assn ($135k).

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 $1 against liabilities of $0, net assets of $1.