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Mother Teresa Foundation Inc

RegisteredEIN 82-2394526New Iberia, LAOther charitable purposes
Income$291k2023-12
Spending$191ksame year
Spent / received59%5-year average
Size in its cause59th pctOther charitable purposes
Exempt since2018Publicly supported organisat
Employees4latest return

Analysis

Mother Teresa Foundation Inc is a registered charity in United States, based in New Iberia, LA. It received its IRS tax-exemption ruling in January 2018, 8 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 December 2023, Mother Teresa Foundation Inc reported income of $291k and spending of $191k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $291k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mother Teresa Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within LA. Charities of a similar size with the same main cause include Society of Colonial Wars in the State of Florida ($291k), Randy Taylor Revivals Inc ($291k) and St Louis Artists Guild ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $91k (47% of expenses). At year end it held assets of $697k against liabilities of $3,166, net assets of $694k. It reported 4 employees.

Income and spending

$0$73k$146k$218k$291k2019 Income: $232,9582019 Spending: $104,13320192020 Income: $146,9042020 Spending: $91,13920202021 Income: $248,4772021 Spending: $125,08520212022 Income: $248,6762022 Spending: $174,20920222023 Income: $291,0532023 Spending: $190,9972023
IncomeSpending

Where the income comes from

  • Contributions & grants 36%
  • Program services 13%
  • Other 51%

Similar-sized charities, same cause

CharityLocationIncome
Society of Colonial Wars in the State of FloridaPalm Beach$291k
Randy Taylor Revivals IncWest Union$291k
St Louis Artists GuildSaint Louis$291k
Cafh Foundation IncRego Park$291k