Teresa Family Charity

Analysis

Teresa Family Charity is a registered charity in United States, based in Missouri City, TX. It received its IRS tax-exemption ruling in March 2019, 7 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, Teresa Family Charity reported income of $116k and spending of $95k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $116k (+11%), an average of +11% a year. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Teresa Family Charity sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Canonsburgs Old Fashioned Christmas ($116k), CL - Changing Lives ($116k) and Akichita Youth Athletic Academy Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.