Toledo Scholarship and Academic Achievement Recognition

Analysis

Toledo Scholarship and Academic Achievement Recognition is a registered charity in United States, based in Toledo, WA. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Toledo Scholarship and Academic Achievement Recognition reported income of $459k and spending of $60k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $459k (+577%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 473%. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Toledo Scholarship and Academic Achievement Recognition sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Wild Fern Montessori School ($459k), Kingwood Park High School All Sports Booster Club Inc ($460k) and Pumpkin Patch Pre-K Inc ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.