Tayan Alliances Inc

Analysis

Tayan Alliances Inc is a registered charity in United States, based in Pompano Beach, FL. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Tayan Alliances Inc reported income of $1.2m and spending of $1.6m, spending 131% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.4m to $1.2m (-49%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tayan Alliances Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Mt Pleasant Housing Development Fund Co Inc ($1.2m), Western New York Veterans Housing Coalition Inc ($1.2m) and Saraland Manors Inc ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $330k. At year end it held assets of $4.4m against liabilities of $4.5m, net assets of -$100k. It reported 2 employees.