Toyei Industries Inc

Analysis

Toyei Industries Inc is a registered charity in United States, based in Chinle, AZ. It received its IRS tax-exemption ruling in February 2019, 7 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 2021, Toyei Industries Inc reported income of $911k and spending of $1.2m, spending 135% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $784k to $911k (+16%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Toyei Industries Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include Help End Abuse for Life Inc ($911k), Community Day Center for Children ($911k) and Youthspark Inc ($910k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $171k (14% of expenses). Other salaries and wages came to $447k. At year end it held assets of $186k against liabilities of $397k, net assets of -$210k. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.