Toberman Neighborhood Center Inc

Analysis

Toberman Neighborhood Center Inc is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in April 1971, 55 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 2023, Toberman Neighborhood Center Inc reported income of $2.8m and spending of $3.3m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $2.8m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Toberman Neighborhood Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Mission of Hope Inc ($2.8m), Center for Empowering Refugees and Immigrants Inc - Ceri ($2.8m) and Beaver County Young Mens Christian Association ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $239k (7.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $6.5m against liabilities of $2.1m, net assets of $4.4m. It reported 64 employees.