Mother Theodore Corporation II

Analysis

Mother Theodore Corporation II is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in December 2005, 21 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 II reported income of $585k and spending of $630k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $479k to $585k (+22%), an average of +5.1% a year. Over the whole period it spent 106% 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 II sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Housing Plus Inc ($585k), Road2home ($585k) and LA Colonia Apartments Inc ($585k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 88% of the total. At year end it held assets of $806k against liabilities of $423k, net assets of $383k.