El Toro Foundation

Analysis

El Toro Foundation is a registered charity in United States, based in Yuma, AZ. It received its IRS tax-exemption ruling in December 1965, 61 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, El Toro Foundation reported income of $136k and spending of $121k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $103k to $136k (+32%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 103%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, El Toro Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within AZ. Charities of a similar size with the same main cause include Academy of Medicine Jacksonville Florida Inc ($136k), Lakes Region Symphony Orchestra ($136k) and St Anthonys Celebration Inc ($136k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 10% of the total. At year end it held assets of $403k against liabilities of $0, net assets of $403k.