Foundation for Talbert House

Analysis

Foundation for Talbert House is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in January 1999, 27 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, Foundation for Talbert House reported income of $4.9m and spending of $2.1m, leaving 57% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $4.9m (+199%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 102%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foundation for Talbert House sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Cullman County Center for the Developmentally Disabled Inc ($4.9m), The Family Resource Network Inc ($4.9m) and Santa Monica Young Mens Christian Association ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $11.2m against liabilities of $112k, net assets of $11.1m.