Toledo Streets Workforce Development Corporation

Analysis

Toledo Streets Workforce Development Corporation is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Toledo Streets Workforce Development Corporation reported income of $130k and spending of $152k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $130k (+55%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Toledo Streets Workforce Development Corporation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Gait and Clinical Movement Analysis Society ($129k), Revitalization 2000 Inc ($130k) and New York Coalition for Children with Special Needs Birth to 5 Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $44k (29% of expenses). Other salaries and wages came to $40k. At year end it held assets of $8,369 against liabilities of $2,366, net assets of $6,003. It reported 2 employees.