Talk of the Town Restaurant Group Foundation Inc

Analysis

Talk of the Town Restaurant Group Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in June 2018, 8 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 2022, Talk of the Town Restaurant Group Foundation Inc reported income of $325k and spending of $308k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $221k to $325k (+47%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 177%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Talk of the Town Restaurant Group Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Shepherds Home Foundation Inc ($325k), Hopkins Education Foundation ($325k) and The Travelers Foundation ($324k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $9,292, net assets of $17k.