Theosophical Endowment Corporation
Analysis
Theosophical Endowment Corporation is a registered charity in United States, based in Altadena, CA. It received its IRS tax-exemption ruling in October 1959, 67 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Theosophical Endowment Corporation reported income of $155k and spending of $508k, spending 327% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $526k to $155k (-70%), an average of -26% a year. The sharpest change came in the year to September 2022, when income rose by 384%. Over the whole period it spent 88% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Theosophical Endowment Corporation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Emet Ministries Inc ($155k), Nigerian Muslims Council in the United States of America ($155k) and Islamic Center of Weston ($155k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $67k (13% of expenses). Other salaries and wages came to $60k. At year end it held assets of $5.0m against liabilities of $0, net assets of $5.0m. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Other 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Emet Ministries Inc | Evansville | $155k |
| Nigerian Muslims Council in the United States of America | Brentwood | $155k |
| Islamic Center of Weston | Weston | $155k |
| Commissioned by Christ | Arlington | $155k |