Fannie E Taylor Home for the Aged of South Jacksonville Inc

Analysis

Fannie E Taylor Home for the Aged of South Jacksonville Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 1981, 45 years ago. 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, Fannie E Taylor Home for the Aged of South Jacksonville Inc reported income of $1.7m and spending of $1.4m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.7m (+10%), an average of +2.5% a year. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fannie E Taylor Home for the Aged of South Jacksonville Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Scholarship Foundation of Indian River County Inc ($1.7m), National Indian Youth Council ($1.7m) and Cow Camp Caridades ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 97% of the total. At year end it held assets of $5.2m against liabilities of $179k, net assets of $5.0m. It reported 15 employees.