Norman C Tanner and Barbara L Tanner Charitable Support TR

Analysis

Norman C Tanner and Barbara L Tanner Charitable Support TR is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in February 2016, 10 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Norman C Tanner and Barbara L Tanner Charitable Support TR reported income of $328k and spending of $317k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $443k to $328k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Norman C Tanner and Barbara L Tanner Charitable Support TR sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NM. Charities of a similar size with the same main cause include Phoenixville Community Education ($328k), Devils Lake Area Foundation ($328k) and Nechamas Zion Inc ($328k).

At year end it held assets of $5.3m against liabilities of $0, net assets of $5.3m.