Know the Truth International Ministries Inc

Analysis

Know the Truth International Ministries Inc is a registered charity in United States, based in Burke, VA. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Know the Truth International Ministries Inc reported income of $248k and spending of $239k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $248k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2023, when income rose by 130%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Know the Truth International Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Mechon Maharal Tzintz ($248k), Faith Prayer & Tract League ($248k) and Won Buddhism of the USA Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $37k (16% of expenses). At year end it held assets of $157k against liabilities of $0, net assets of $157k. It reported 1 employees.