Taylor Ministries Inc

Analysis

Taylor Ministries Inc is a registered charity in United States, based in Dallas, GA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Taylor Ministries Inc reported income of $136k and spending of $153k, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $182k to $136k (-25%), an average of -9.2% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Taylor Ministries Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within GA. Charities of a similar size with the same main cause include Sunday School Fellowship ($136k), Syracuse-Wawasee Ministerial Association Inc ($136k) and John Shiver Ministries Inc ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (40% of expenses). At year end it held assets of $14k against liabilities of $11k, net assets of $3,757. It reported 1 employees.