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Lake Toxaway Charities

EIN 56-1882460 · Lake Toxaway, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceWeak45 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO SUPPORT THE CHARITIES, MEDICAL OUTREACH, AND EDUCATORS WHO WORK WITH AND MINISTER TO THE ABUSED, DISABLED, INDIGENT AND THOSE WITH SPECIAL NEEDS IN TRANSYLVANIA COUNTY, NORTH CAROLINA.

Income
$2.2 million
Spending
$816,361
Spent on programs
95%
Reserves
112.9 months of spending
Largest source of income
donations and private grants, 95%
Employees
0
Volunteers
50

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 90% of charities in its peer group (human services, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 112.9 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 63% of income.

  • Income trend

    15 of 15

    Income rose 16% on the year before.

  • Spending floor

    15 of 15

    95% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 45 out of 100. Higher than 6% of charities in its peer group (human services, $1m to $10m).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $773,671 spent. OUR ANNUAL GALA AND SPORTS DAY IS A THEMED FUND RAISER WHICH HOSTS OVER 300 DONORS PARTICIPATING IN SPORTING EVENTS AND AN EVENING DINNER DANCE. DONORS SUPPORT US AT MANY LEVELS; FROM THE PRICE OF THE TICKET, TO SPONSORSHIPS AS MUCH AS 100,000. THE LAST TWO YEARS HAVE RAISED APPROXIMATELY 1 MILLION IN REVENUE. THESE SIGNIFICANT CONTRIBUTIONS WILL HAVE A MEANINGFUL IMPACT ON THE LIVES OF OVER 12,251 LESS FORTUNATE RESIDENTS IN TRANSYLVANIA COUNTY, REPRESENTING AN ASTOUNDING 34% OF THE COUNTY'S POPULATION. THE CORE FOCUS OF LAKE TOXAWAY CHARITIES' SUPPORT LIES IN AIDING THE HOMELESS, HUNGRY, ABUSED WOMEN AND THEIR CHILDREN, AS WELL AS THE EDUCATIONALLY AND MEDICALLY DEPRIVED MEMBERS OF TRANSYLVANIA COUNTY.
  2. THE GENOROSITY DISPLAYED BY OUR COMMUNITY IS HUMBLING TO ALL INVOLVED. AS A TEAM RUN BY VOLUNTEERS, APPROXIMATELY 97% OF ALL DONATINS TO DATE WILL SUPPORT OUR TRANSYLVANIA COUNTY AGENCIES, BOTH NOW AND IN THE FUTURE.
  3. 2025 SERVICE SUPPORT AND FUNDING: ABUSE SUPPORT 65,500 EDUCATION SUPPORT 293,000 HEALTHCARE SUPPORT 88,500 HOUSING SECURITY 64,000 FOOD SECURITY 149,000 EMERGENCY FUNDING 40,000 OTHER SUPPORT SERVICES 69,750

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on November 15, 2012 for not filing returns for three years, and reinstated on August 15, 2014.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.