Toy Rescue Mission

Analysis

Toy Rescue Mission is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Toy Rescue Mission reported income of $199k and spending of $55k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $199k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Toy Rescue Mission sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include Emporia Area Chamber Foundation ($199k), Baldwinsville Community Scholarship Foundation Inc ($200k) and Digital Love Inc ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $174k against liabilities of $0, net assets of $174k.