Toby House VII Inc

Analysis

Toby House VII Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Toby House VII Inc reported income of $143k and spending of $244k, spending 171% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $140k to $143k (+1.9%), an average of +0.5% a year. Over the whole period it spent 150% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Toby House VII Inc 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 46th percentile, and in the 43rd percentile within AZ. Charities of a similar size with the same main cause include Clothes Line Inc ($143k), Community Living Resources Inc ($143k) and Faith in Action Health Coalition ($143k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Other salaries and wages came to $32k. At year end it held assets of $2.4m against liabilities of $406k, net assets of $2.0m.

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.