Tostan Inc

Analysis

Tostan Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tostan Inc reported income of $12.8m and spending of $11.6m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.3m to $12.8m (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 289%. Over the whole period it spent 74% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tostan Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 89th percentile within DC. Charities of a similar size with the same main cause include Freedom Alliance ($12.8m), Women for Afghan Women Inc ($12.8m) and Hope Advancement Inc ($12.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $672k (5.8% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $23.6m against liabilities of $548k, net assets of $23.0m. It reported 5 employees.