Charles P Taft Memorial Fund

Analysis

Charles P Taft Memorial Fund is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Charles P Taft Memorial Fund reported income of $14.1m and spending of $6.6m, leaving 53% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $21.8m to $14.1m (-35%), an average of -8.4% a year. The sharpest change came in the year to June 2020, when income dropped by 65%. Over the whole period it spent 41% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charles P Taft Memorial Fund sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Umatilla-Morrow County Head Start Inc ($14.1m), Lehrman Community Day School ($14.1m) and Maine Central Institute ($14.1m).

At year end it held assets of $204.8m against liabilities of $0, net assets of $204.8m.