Theresa Living Center

Analysis

Theresa Living Center is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 1987, 39 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 December 2023, Theresa Living Center reported income of $767k and spending of $874k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $520k to $767k (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Theresa Living Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Nuestra Tierra Conservation Project ($767k), Highlands Biological Foundation Inc ($767k) and YMCA Alumni ($767k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $95k (11% of expenses). Other salaries and wages came to $344k. At year end it held assets of $1.1m against liabilities of $129k, net assets of $958k. It reported 10 employees.