The Joel and Nina Taylor Foundation Inc

Analysis

The Joel and Nina Taylor Foundation Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 1990, 36 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Joel and Nina Taylor Foundation Inc reported income of $377k and spending of $214k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $139k to $377k (+171%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 765%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Joel and Nina Taylor Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within NM. Charities of a similar size with the same main cause include Community Alliance for Traffic Safety Inc ($377k), Batesville Montessori School Inc ($377k) and Phelps County Senior Citizens Service Center ($377k).

Compensation of current officers, directors and key employees was $42k (20% of expenses). At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.