St Teresa Center for Works of Mercy

Analysis

St Teresa Center for Works of Mercy is a registered charity in United States, based in St Martinvlle, LA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, St Teresa Center for Works of Mercy reported income of $655k and spending of $205k, leaving 69% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $317k to $655k (+106%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 206%. Over the whole period it spent 46% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Teresa Center for Works of Mercy sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within LA. Charities of a similar size with the same main cause include Spencer Agric Assoc Inc ($655k), Comprehensive Personal Care Services Inc ($655k) and Pregnancy Caring Center of Gallatin Valley Inc ($655k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $993k against liabilities of $1,118, net assets of $992k.