Mother Teresa House Inc

Analysis

Mother Teresa House Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Mother Teresa House Inc reported income of $88k and spending of $97k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $88k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 129% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mother Teresa House Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within DE. Charities of a similar size with the same main cause include Vesta Forest Inc ($88k), Somerville Place Inc ($88k) and Ferriday Place II Inc ($88k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $10k. At year end it held assets of $896k against liabilities of $900k, net assets of -$3,236. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.