Mother Teresa Shelter Inc

Analysis

Mother Teresa Shelter Inc is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Mother Teresa Shelter Inc reported income of $820k and spending of $819k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $738k to $820k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mother Teresa Shelter Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Center for Independent Living of Northwest Fla Inc ($819k), Gerimed Inc ($820k) and Calwild ($819k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 10% of the total. Other salaries and wages came to $260k. At year end it held assets of $2.0m against liabilities of $77k, net assets of $2.0m. It reported 10 employees.