Toastmasters International

Analysis

Toastmasters International is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in May 1945, 81 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2022, Toastmasters International reported income of $26.2m and spending of $28.8m, spending 110% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $43.9m to $26.2m (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Toastmasters International sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Bryant Park Corporation ($25.6m), River Parks Authority ($26.4m) and Ohio High School Athletic Association ($25.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.2% and program service revenue 102% of the total. Compensation of current officers, directors and key employees was $1.9m (6.7% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $59.8m against liabilities of $9.1m, net assets of $50.8m. It reported 164 employees.