American Congress for Truth Inc

Analysis

American Congress for Truth Inc is a registered charity in United States, based in Virginia Beach, VA. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, American Congress for Truth Inc reported income of $1.6m and spending of $1.3m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.6m (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 77% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Congress for Truth Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Dacor Bacon House Foundation ($1.6m), Saint Rita Foundation for Children ($1.6m) and Uncaged ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $39k. It paid $24k in professional fundraising fees. At year end it held assets of $3.2m against liabilities of $152k, net assets of $3.1m. It reported 1 employees.