Teams of Our Lady

Analysis

Teams of Our Lady is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in March 1978, 48 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, Teams of Our Lady reported income of $281k and spending of $353k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $285k to $281k (-1.6%), an average of -0.4% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Teams of Our Lady sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Friendship Fire Company Number One of Winchester Virginia ($281k), American Council on Consumer Interests Inc ($281k) and Grace and Peace Missionary Fellowship Inc ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $644k against liabilities of $738, net assets of $643k.