Theodoro Place

Analysis

Theodoro Place is a registered charity in United States, based in W Frankfort, IL. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Theodoro Place reported income of $105k and spending of $134k, spending 128% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $92k to $105k (+15%), an average of +3.5% a year. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Theodoro Place sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Kahookamamalu II Inc ($105k), CPNJ Warren Residence Inc ($105k) and Niagara Apartments Inc ($105k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 17% of the total. At year end it held assets of $938k against liabilities of $1.4m, net assets of -$433k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.