Mother Teresa Academy

Analysis

Mother Teresa Academy is a registered charity in United States, based in Clifton Park, NY. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Mother Teresa Academy reported income of $1.1m and spending of $981k, spending 87% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $795k to $1.1m (+41%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 105%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mother Teresa Academy sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Project TF ($1.1m), Nebraska Farm Bureau Foundation for Agriculture Inc ($1.1m) and Greater Tampa Chamber of Commerce Foundation Inc ($1.1m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 14% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $47k (4.8% of expenses). Other salaries and wages came to $508k. At year end it held assets of $612k against liabilities of $262k, net assets of $350k. It reported 27 employees.