Taylors Care Home Inc

Analysis

Taylors Care Home Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 1998, 28 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, Taylors Care Home Inc reported income of $381k and spending of $365k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $341k to $381k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Taylors Care Home Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include Aldersgate II Inc ($381k), Hearthstone Elderly Housing Corporation ($381k) and Fiesta House Senior Housing Inc ($381k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $107k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 7 employees.