Mother Teresa Foundation Inc
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
Where the income comes from
- Contributions & grants 36%
- Program services 13%
- Other 51%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Society of Colonial Wars in the State of Florida | Palm Beach | $291k |
| Randy Taylor Revivals Inc | West Union | $291k |
| St Louis Artists Guild | Saint Louis | $291k |
| Cafh Foundation Inc | Rego Park | $291k |