Toby House VI Inc

Analysis

Toby House VI Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2006, 20 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 September 2023, Toby House VI Inc reported income of $171k and spending of $246k, spending 143% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $178k to $171k (-3.5%), an average of -0.9% a year. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Toby House VI Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within AZ. Charities of a similar size with the same main cause include Bethel Park Historical Society ($171k), Secret Smiles of Dayton Inc ($172k) and Partners Therapeutic Horsemanship Inc ($171k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Other salaries and wages came to $35k. At year end it held assets of $1.3m against liabilities of $593k, net assets of $678k.

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.