Talons Reach Foundation Inc

Analysis

Talons Reach Foundation Inc is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 2023, Talons Reach Foundation Inc reported income of $328k and spending of $244k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $264k to $328k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Talons Reach Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within WY. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($328k), Moore Street Seniors Inc ($328k) and Peak Abundance ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $28k (11% of expenses). At year end it held assets of $273k against liabilities of $2,145, net assets of $271k.