Whiteford Taylor & Preston Charitable TR

Analysis

Whiteford Taylor & Preston Charitable TR is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 1998, 28 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, Whiteford Taylor & Preston Charitable TR reported income of $151k and spending of $151k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $173k to $151k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 330%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Whiteford Taylor & Preston Charitable TR sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within MD. Charities of a similar size with the same main cause include The Community Y Foundation ($151k), Anchor Bay Community Giving Tree ($151k) and South Carolina Elks Charitable TR ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,895 against liabilities of $2,895, net assets of $0.