Taylor Family Foundation

Analysis

Taylor Family Foundation is a registered charity in United States, based in Ashland, OH. It received its IRS tax-exemption ruling in August 2009, 17 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Taylor Family Foundation reported income of $400k and spending of $1.8m, spending 450% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $877k to $400k (-54%), an average of -18% a year. The sharpest change came in the year to June 2021, when income rose by 86%. Over the whole period it spent 137% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Taylor Family Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include True Freedom Enterprises ($400k), United Way of Williams County ($401k) and Superior Community Corporation Inc ($400k).

At year end it held assets of $8.5m against liabilities of $654k, net assets of $7.9m.