Lillian M & Frank M Taylor Charitable TR

Analysis

Lillian M & Frank M Taylor Charitable TR is a registered charity in United States, based in Pennington, NJ. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 August 2024, Lillian M & Frank M Taylor Charitable TR reported income of $265k and spending of $118k, leaving 56% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $209k to $265k (+27%), an average of +4.9% a year. The sharpest change came in the year to August 2021, when income rose by 81%. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lillian M & Frank M Taylor Charitable TR sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Outreach Development Corporation ($265k), Heartland Homes for Elderly Inc ($265k) and Wayward Homes Inc ($265k).

Compensation of current officers, directors and key employees was $62k (53% of expenses). At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.