Gloria J Taylor Foundation

Analysis

Gloria J Taylor Foundation is a registered charity in United States, based in Olympia FLDS, IL. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Gloria J Taylor Foundation reported income of $1.0m and spending of $1.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $630k to $1.0m (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gloria J Taylor Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Grace Christian Academy of Kingsmountain Inc ($1.0m), Brush Creek Montessori School ($1.0m) and Parent Teacher Home Visits ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $498k (48% of expenses). Other salaries and wages came to $43k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 9 employees.