Theodyssey Group

Analysis

Theodyssey Group is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Theodyssey Group reported income of $346k and spending of $387k, spending 112% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $239k to $346k (+45%), an average of +7.7% a year. The sharpest change came in the year to July 2020, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Theodyssey Group sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Passion 4 People International Inc ($345k), Tyler Gaulden Ministries Inc ($346k) and Revival Baptist Ministries International Inc ($345k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $95k (25% of expenses). Other salaries and wages came to $154k. At year end it held assets of $131k against liabilities of $3,762, net assets of $128k. It reported 4 employees.