Toys for Texans

Analysis

Toys for Texans is a registered charity in United States, based in Allen, TX. It received its IRS tax-exemption ruling in July 2022, 4 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 June 2024, Toys for Texans reported income of $521k and spending of $426k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $94k to $521k (+452%), an average of +452% a year. The sharpest change came in the year to June 2024, when income rose by 452%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Toys for Texans sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Norma Gist Peoples Free Child Development Program Inc ($521k), Employees Day Care Corporation ($521k) and Associates in Family Care ($521k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.