Teresaw Care Ministries Inc

Analysis

Teresaw Care Ministries Inc is a registered charity in United States, based in Sanger, TX. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Teresaw Care Ministries Inc reported income of $59k and spending of $80k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $59k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 126% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Teresaw Care Ministries Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Khalsa Global Reach Inc ($59k), Friends of Woni Kenya International Inc ($59k) and Austin Serving Abaco Foundation ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.