Taylors Gift Foundation

Analysis

Taylors Gift Foundation is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Taylors Gift Foundation reported income of $355k and spending of $306k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $176k to $355k (+102%), an average of +102% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Taylors Gift Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Easton-Greenwich Rescue Squad Inc ($355k), Operation Snowball Inc ($355k) and South Cove Nursing Facilities Foundation Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $60k (20% of expenses). At year end it held assets of $324k against liabilities of $20k, net assets of $305k. It reported 3 employees.