Taylor Manor Inc

Analysis

Taylor Manor Inc is a registered charity in United States, based in Versailles, KY. It received its IRS tax-exemption ruling in June 1946, 80 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Taylor Manor Inc reported income of $2.9m and spending of $2.9m, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $3.6m to $2.9m (-18%), an average of -3.8% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Taylor Manor Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within KY. Charities of a similar size with the same main cause include Associates of the University of Toronto Inc ($2.9m), Bucks County Housing Group Inc ($2.9m) and Saban Center Foundation ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 93% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $2.7m against liabilities of $521k, net assets of $2.2m. It reported 44 employees.