Fannie E Taylor Home for the Aged Care Center Inc

Analysis

Fannie E Taylor Home for the Aged Care Center Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Care Center Inc reported income of $8.5m and spending of $9.2m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.9m to $8.5m (-14%), an average of -3.6% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fannie E Taylor Home for the Aged Care Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Riverbend Merrimack Valley Inc ($8.5m), Rett Syndrome Research Trust Inc ($8.5m) and Bucks County Biotechnology Center Inc ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $4.0m. At year end it held assets of $4.1m against liabilities of $1.1m, net assets of $3.0m. It reported 168 employees.