Toledo Design Collective

Analysis

Toledo Design Collective is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, 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 Design Collective reported income of $199k and spending of $208k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $189k to $199k (+5.2%), an average of +5.2% a year. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Toledo Design Collective sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Beautiful Downtown Lewiston Revitalization Corp ($199k), Dodd Education and Support Inc ($199k) and Alton Economic Development Corporation ($199k).

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 $117k against liabilities of $61k, net assets of $57k.