Fannie E Taylor Home for the Aged Taylor Manor Inc

Analysis

Fannie E Taylor Home for the Aged Taylor Manor Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Taylor Manor Inc reported income of $3.5m and spending of $3.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.4m to $3.5m (-35%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fannie E Taylor Home for the Aged Taylor Manor Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Micah Ecumenical Ministries Inc ($3.5m), DC Doors ($3.5m) and Camphill Ghent Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 93% of the total. At year end it held assets of $2.2m against liabilities of $407k, net assets of $1.7m. It reported 95 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.