Taos Property Foundation Inc

Analysis

Taos Property Foundation Inc is a registered charity in United States, based in Taos, NM. It received its IRS tax-exemption ruling in April 2016, 10 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Taos Property Foundation Inc reported income of $208k and spending of $196k, spending 95% of its income. Across the 3 years on record, from June 2019 to June 2023, income fell from $381k to $208k (-46%), an average of -26% a year. The sharpest change came in the year to June 2022, when income dropped by 100%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Taos Property Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NM. Charities of a similar size with the same main cause include Jewish Federation of Ulster County Inc ($207k), Lindas Magnificient Mutts Rescue ($208k) and Grant Fuhr Foundation ($207k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.