Talbert House

Analysis

Talbert House is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Talbert House reported income of $83.2m and spending of $79.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $64.0m to $83.2m (+30%), an average of +6.8% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Talbert House sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Zero to Three - National Center for Infants Toddlers and Families ($82.9m), Miami Jewish Health Systems Inc ($83.3m) and YMCA of Metropolitan Chicago ($82.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $2.4m (3.1% of expenses). Other salaries and wages came to $36.4m. At year end it held assets of $38.3m against liabilities of $13.5m, net assets of $24.8m. It reported 1,782 employees.