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Passes our checks

Saint Therese of New Hope

EIN 41-0888641 · St Louis Park, MN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood83 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SAINT THERESE IS A NONPROFIT CATHOLIC SENIOR LIVING COMMUNITY BORN OUT OF A SIMPLE MISSION: DO ORDINARY THINGS WITH EXTRAORDINARY LOVE.

Income
$27.5 million
Spending
$2.9 million
Spent on programs
75%
Reserves
7.3 months of spending
Largest source of income
investment income, 90%
Employees
368
Volunteers
22
Highest pay
$708,358, president & ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 83 out of 100. Higher than 79% of charities in its peer group (human services, $10m to $100m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.3 months of spending.

  • Debt

    20 of 20

    It owes 4% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 89% of income.

  • Income trend

    5 of 15

    Income fell 16% on the year before.

  • Spending floor

    15 of 15

    75% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 35% of charities in its peer group (human services, $10m to $100m).

  • Independent board

    25 of 25

    5 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $1.9 million spent. SAINT THERESE OF NEW HOPE, ESTABLISHED IN 1968, IS THE VERY FIRST OF OUR SPECIALIZED, INNOVATIVE COMMUNITIES WHERE WE'VE HAVE MAINTAINED A TRADITION OF EXCELLENCE WITH SPACIOUS LIVING ENVIRONMENTS, BROAD ACTIVITY CALENDARS AND PERSONALIZED CARE. HERE, YOU'LL ENJOY 11.34 ACRES OF MANICURED GARDENS AND WALKING PATHS, FRESH COFFEE IN OUR CAFE ROSE AND A ROBUST PASTORAL CARE PROGRAM WITH TWO CHAPELS. AT SAINT THERESE OF NEW HOPE, YOU'LL FIND A WARM, COMFORTABLE HOME, EXCEPTIONAL AMENITIES AND WHATEVER LEVEL OF SUPPORT YOU NEED, WHENEVER YOU NEED IT.
  2. $310,004 spent. SAINT THERESE OF NEW HOPE IS A DELIGHTFUL, WELCOMING SENIOR COMMUNITY OFFERING A FULL CONTINUUM OF CARE. OUR SPACIOUS APARTMENTS ARE IDEAL FOR SENIOR LIVING, WHILE OUR ON-SITE CARE CENTER PROVIDES SKILLED NURSING SUPPORT IN A THOUGHTFUL, COMPASSIONATE ENVIRONMENT. SAINT THERESE OF NEW HOPE HAS 220 APARTMENTS ALONG WITH:LONG-TERM CARE - 115 BEDSTRANSITIONAL CARE - 53 BEDS

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1967.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.