Mother Theodore Corporation III

Analysis

Mother Theodore Corporation III is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in November 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 December 2023, Mother Theodore Corporation III reported income of $411k and spending of $418k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $312k to $411k (+32%), an average of +7.2% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mother Theodore Corporation III sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Over the Rainbow Arboretum West Apartments ($411k), Ahepa 156 Inc ($411k) and Schoolyard Square ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $2.0m against liabilities of $92k, net assets of $1.9m.