Talbot House
EIN: 616036820 · Louisville, KY
| Metric | Value |
|---|---|
| Total Revenue | $270K |
| Total Expenses | $212K |
| Net Assets | $117K |
Is Talbot House Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Talbot House
Talbot House (EIN: 616036820) is a nonprofit organization based in Louisville, KY. The organization reported total revenue of $270K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Talbot House's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Talbot House is a small nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $212K |
| Surplus / Deficit | +$7K |
| Total Assets | $123K |
| Total Liabilities | $6K |
| Net Assets | $117K |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 5.1% |
| Months of Reserves | 7.0 months |
Financial Health Grade: A
In 2023, Talbot House reported a surplus of $7K with revenue exceeding expenses, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 5.1% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2023), Talbot House's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.8% | +20.6% | +2.9% |
| 2022 | +62.8% | +5.5% | +15.0% |
| 2021 | +2.2% | +30.2% | -31.7% |
| 2020 | -29.5% | -6.9% | -9.4% |
| 2019 | +17.1% | +40.0% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Talbot House has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Talbot House with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.1%.
Frequently Asked Questions about Talbot House
Is Talbot House a legitimate charity?
Talbot House (EIN: 616036820) is a registered tax-exempt nonprofit based in Kentucky. It has 13 years of IRS 990 filings on record. Total revenue: $270K. No red flags identified. Financial health grade: A.
How does Talbot House spend its money?
Talbot House reported $270K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Talbot House tax-deductible?
Talbot House is registered as a tax-exempt nonprofit (EIN: 616036820). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Talbot House located?
Talbot House is headquartered in Louisville, Kentucky and files with the IRS under EIN 616036820.
How many years of IRS 990 filings does Talbot House have?
Talbot House has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $270K in total revenue.
Filing History
IRS 990 filing history for Talbot House showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Talbot House's revenue has grown by 107.3%, moving from $106K to $219K. Total assets decreased by 35.9% over the same period, from $192K to $123K. Total functional expenses rose by 74.3%, from $122K to $212K. In its most recent filing year (2023), Talbot House reported a surplus of $7K, with revenue exceeding expenses. The organization holds $6K in liabilities against $123K in assets (debt-to-asset ratio: 5.1%), resulting in net assets of $117K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $219K | $212K | $123K | $6K | — | — |
| 2022 | $186K | $176K | $120K | $10K | — | View 990 |
| 2021 | $114K | $167K | $104K | $4K | — | View 990 |
| 2020 | $112K | $128K | $153K | $416 | — | — |
| 2019 | $159K | $138K | $168K | $0 | — | View 990 |
| 2018 | $136K | $98K | $155K | $0 | — | View 990 |
| 2017 | $122K | $106K | $118K | $0 | — | View 990 |
| 2015 | $107K | $88K | $285K | $8K | — | View 990 |
| 2014 | $116K | $93K | $227K | $16K | — | View 990 |
| 2013 | $119K | $99K | $205K | $0 | — | View 990 |
| 2012 | $120K | $117K | $185K | $0 | — | View 990 |
| 2011 | $111K | $119K | $181K | $0 | — | View 990 |
| 2010 | $106K | $122K | $192K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $219K, expenses of $212K, and assets of $123K (revenue +17.8% year-over-year).
- 2022: Revenue of $186K, expenses of $176K, and assets of $120K (revenue +62.8% year-over-year).
- 2021: Revenue of $114K, expenses of $167K, and assets of $104K (revenue +2.2% year-over-year).
- 2020: Revenue of $112K, expenses of $128K, and assets of $153K (revenue -29.5% year-over-year).
- 2019: Revenue of $159K, expenses of $138K, and assets of $168K (revenue +17.1% year-over-year).
- 2018: Revenue of $136K, expenses of $98K, and assets of $155K (revenue +11.2% year-over-year).
- 2017: Revenue of $122K, expenses of $106K, and assets of $118K (revenue +14.2% year-over-year).
- 2015: Revenue of $107K, expenses of $88K, and assets of $285K (revenue -8.3% year-over-year).
- 2014: Revenue of $116K, expenses of $93K, and assets of $227K (revenue -2.2% year-over-year).
- 2013: Revenue of $119K, expenses of $99K, and assets of $205K (revenue -0.9% year-over-year).
- 2012: Revenue of $120K, expenses of $117K, and assets of $185K (revenue +8.1% year-over-year).
- 2011: Revenue of $111K, expenses of $119K, and assets of $181K (revenue +5.0% year-over-year).
- 2010: Revenue of $106K, expenses of $122K, and assets of $192K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Talbot House:
Data Sources and Methodology
This transparency report for Talbot House is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.