Mother Theodore Corporation

Analysis

Mother Theodore Corporation is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in August 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mother Theodore Corporation reported income of $913k and spending of $854k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $789k to $913k (+16%), an average of +3.7% a year. Over the whole period it spent 96% 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 sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include Archuleta Housing Corp ($912k), Sonoma Applied Villages Services ($913k) and National Affordable Housing Foundation Inc ($912k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 52% of the total. At year end it held assets of $2.2m against liabilities of $833k, net assets of $1.4m.