St Teresa Educational Foundation

Analysis

St Teresa Educational Foundation is a registered charity in United States, based in Decatur, IL. It received its IRS tax-exemption ruling in January 1983, 43 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Teresa Educational Foundation reported income of $497k and spending of $892k, spending 180% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $497k (-59%), an average of -20% a year. The sharpest change came in the year to June 2020, when income dropped by 33%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Teresa Educational Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include National Church Residences of ($497k), Society for Musocal Immunology Inc ($497k) and Lift Me Up ($497k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $8.5m against liabilities of $0, net assets of $8.5m.