St Teresa of Avila Villa Inc

Analysis

St Teresa of Avila Villa Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 September 2023, St Teresa of Avila Villa Inc reported income of $193k and spending of $255k, spending 132% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $167k to $193k (+15%), an average of +3.7% a year. Over the whole period it spent 134% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Teresa of Avila Villa Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OK. Charities of a similar size with the same main cause include Pickaway County Historical Society Inc ($193k), Southwest Park and Recreation Training Institute ($193k) and Louisiana Historical Capitol Foundation ($193k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Other salaries and wages came to $43k. At year end it held assets of $1.9m against liabilities of $2.7m, net assets of -$831k. It reported 2 employees.

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.