Tara Hills Charitable Foundation
Tara Hills Charitable Foundation experiences consistent operating deficits and significant asset decline over the past decade.
EIN: 202045324 · Boston, MA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $492K |
| Total Expenses | $188K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $970K |
| Transparency Score | 45/100 |
Is Tara Hills Charitable Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tara Hills Charitable Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Tara Hills Charitable Foundation
Tara Hills Charitable Foundation (EIN: 202045324) is a nonprofit organization based in Boston, MA, classified under NTEE code T20. The organization reported total revenue of $492K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tara Hills Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tara Hills Charitable Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $188K |
| Surplus / Deficit | $-81,022 |
| Total Assets | $970K |
| Total Liabilities | $1 |
| Net Assets | $970K |
| Operating Margin | -76.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 62.0 months |
Financial Health Grade: B
In 2024, Tara Hills Charitable Foundation reported a deficit of $81K with expenses exceeding revenue, holds 62.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Tara Hills Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +39.8% | -29.0% | -7.7% |
| 2023 | +51.4% | +55.9% | -15.2% |
| 2022 | -57.7% | +90.9% | -9.1% |
| 2021 | +213.4% | -10.0% | +2.3% |
| 2020 | +143.4% | -3.8% | -15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tara Hills Charitable Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Tara Hills Charitable Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $81K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all provided filing periods, indicating that no executive salaries are paid, which is highly unusual for an organization with over $1 million in assets and significant expenses.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Tara Hills Charitable Foundation's IRS 990 filings:
- Consistent operating deficits, with expenses frequently exceeding revenue (e.g., 202406: Expenses $187,641 vs. Revenue $106,619).
- Significant decline in assets over time, from $1,766,063 in 201206 to $969,518 in 202406.
- Lack of detailed expense breakdown to assess program vs. administrative spending efficiency.
Strengths
The following positive indicators were identified for Tara Hills Charitable Foundation:
- Consistent filing of IRS Form 990s, indicating transparency in reporting.
- Reports 0% officer compensation, suggesting low overhead in executive salaries.
- Maintains very low liabilities ($0 or $1 across all periods), indicating no significant debt burden.
Frequently Asked Questions about Tara Hills Charitable Foundation
Is Tara Hills Charitable Foundation a legitimate charity?
Tara Hills Charitable Foundation (EIN: 202045324) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $492K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Tara Hills Charitable Foundation spend its money?
Tara Hills Charitable Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Tara Hills Charitable Foundation tax-deductible?
Tara Hills Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 202045324). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tara Hills Charitable Foundation CEO make?
Tara Hills Charitable Foundation's highest-compensated officer earns $1 annually. The organization reported $492K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tara Hills Charitable Foundation's spending goes to programs?
Tara Hills Charitable Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Tara Hills Charitable Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Tara Hills Charitable Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tara Hills Charitable Foundation located?
Tara Hills Charitable Foundation is headquartered in Boston, Massachusetts and files with the IRS under EIN 202045324. It is classified under NTEE code T20.
How many years of IRS 990 filings does Tara Hills Charitable Foundation have?
Tara Hills Charitable Foundation has 10 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 $492K in total revenue.
Is Tara Hills Charitable Foundation financially sustainable given its consistent operating deficits?
The foundation has consistently spent more than it earned in most periods, leading to a significant decline in assets from $1,766,063 in 201206 to $969,518 in 202406. This trend raises serious concerns about its long-term financial sustainability.
What caused the substantial increase in revenue to $492,391 in the latest period, compared to historical figures?
The provided data shows a 'Latest Revenue' of $492,391, which is significantly higher than any individual period's revenue in the filing history. It is unclear if this represents a single large donation, an investment gain, or a new, sustainable funding stream, and further investigation into the source is warranted.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership roles may be entirely voluntary or compensated through other means not categorized as officer compensation, which is unusual for an organization of this size and activity level.
Filing History
IRS 990 filing history for Tara Hills Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Tara Hills Charitable Foundation's revenue has grown by 133.7%, moving from $46K to $107K. Total assets decreased by 45.1% over the same period, from $1.8M to $970K. Total functional expenses rose by 56.9%, from $120K to $188K. In its most recent filing year (2024), Tara Hills Charitable Foundation reported a deficit of $81K, with expenses exceeding revenue. The organization holds $1 in liabilities against $970K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $970K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $107K | $188K | $970K | $1 | — | — |
| 2023 | $76K | $264K | $1.1M | $1 | — | — |
| 2022 | $50K | $169K | $1.2M | $1 | — | View 990 |
| 2021 | $119K | $89K | $1.4M | $1 | — | View 990 |
| 2020 | $38K | $99K | $1.3M | $1 | — | View 990 |
| 2016 | $16K | $103K | $1.6M | $1 | — | View 990 |
| 2015 | $52K | $85K | $1.7M | $1 | — | View 990 |
| 2014 | $99K | $74K | $1.7M | $1 | — | View 990 |
| 2013 | $-3,172 | $92K | $1.7M | $0 | — | View 990 |
| 2012 | $46K | $120K | $1.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $107K, expenses of $188K, and assets of $970K (revenue +39.8% year-over-year).
- 2023: Revenue of $76K, expenses of $264K, and assets of $1.1M (revenue +51.4% year-over-year).
- 2022: Revenue of $50K, expenses of $169K, and assets of $1.2M (revenue -57.7% year-over-year).
- 2021: Revenue of $119K, expenses of $89K, and assets of $1.4M (revenue +213.4% year-over-year).
- 2020: Revenue of $38K, expenses of $99K, and assets of $1.3M (revenue +143.4% year-over-year).
- 2016: Revenue of $16K, expenses of $103K, and assets of $1.6M (revenue -69.7% year-over-year).
- 2015: Revenue of $52K, expenses of $85K, and assets of $1.7M (revenue -47.9% year-over-year).
- 2014: Revenue of $99K, expenses of $74K, and assets of $1.7M.
- 2013: Revenue of $-3,172, expenses of $92K, and assets of $1.7M (revenue -107.0% year-over-year).
- 2012: Revenue of $46K, expenses of $120K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tara Hills Charitable Foundation:
Data Sources and Methodology
This transparency report for Tara Hills Charitable Foundation 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.