John Taylor Babbitt Foundation

Analysis

John Taylor Babbitt Foundation is a registered charity in United States, based in Chatham, NJ. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, John Taylor Babbitt Foundation reported income of $122k and spending of $141k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $136k to $122k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, John Taylor Babbitt Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Murrieta Rotary Foundation ($122k), Offerdahls Hand-Off Foundation Inc ($122k) and Sandy Peltyn Foundation for Excellence ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $438k against liabilities of $0, net assets of $438k.