Drew Michael Taylor Foundation

Analysis

Drew Michael Taylor Foundation is a registered charity in United States, based in Shippensburg, PA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Drew Michael Taylor Foundation reported income of $98k and spending of $72k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $96k to $98k (+2.2%), an average of +0.5% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Drew Michael Taylor Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Project Prakash Foundation ($98k), Rotary Club of Palatine Foundation ($98k) and Acorn Fund Inc ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $14k. At year end it held assets of $944k against liabilities of $1,619, net assets of $942k. It reported 1 employees.