Theresas Research Foundation

Analysis

Theresas Research Foundation is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Theresas Research Foundation reported income of $153k and spending of $194k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $153k (+75%), an average of +75% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Theresas Research Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Hackettstown First Aid & Rescue Squad ($153k), Bleeding Disorders of Kentucky Inc ($153k) and Orangeburg Calhoun Free Medical Clinic ($153k).

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 $43k against liabilities of $0, net assets of $43k.