Teresa McCormick Center

Analysis

Teresa McCormick Center is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Teresa McCormick Center reported income of $290k and spending of $321k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $543k to $290k (-47%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 54%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Teresa McCormick Center sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OR. Charities of a similar size with the same main cause include Chinese Methodist Center Corporation ($290k), Memphis Tilth ($290k) and Cornerstone Policy Research ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $291k against liabilities of $0, net assets of $291k.