Talbot House

Analysis

Talbot House is a registered charity in United States, based in Belden, MS. It received its IRS tax-exemption ruling in December 2016, 10 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Talbot House reported income of $736k and spending of $494k, leaving 33% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income grew from $299k to $736k (+146%), an average of +57% a year. The sharpest change came in the year to September 2023, when income rose by 84%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Talbot House sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within MS. Charities of a similar size with the same main cause include Re-Evaluation Foundation ($736k), Friends of Leaps & Bounds Pediatric Therapy ($736k) and Grief Club of Minnesota ($736k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $48k (9.6% of expenses). Other salaries and wages came to $70k. At year end it held assets of $421k against liabilities of $2,943, net assets of $418k. It reported 4 employees.