Toledo Community Foundation

Analysis

Toledo Community Foundation is a registered charity in United States, based in Toledo, OR. It received its IRS tax-exemption ruling in April 1995, 31 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 June 2023, Toledo Community Foundation reported income of $62k and spending of $63k, spending 102% of its income. Across the 3 years on record, from June 2019 to June 2023, income fell from $74k to $62k (-16%), an average of -8.5% a year. The sharpest change came in the year to June 2020, when income dropped by 33%. Over the whole period it spent 117% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Toledo Community Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within OR. Charities of a similar size with the same main cause include Queen City Rotary Club Foundation ($62k), Swisher Memorial Hospitalfoundation ($62k) and Gulf Breeze Area Chamber of Commerce Foundation Inc ($62k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.