Tried & True

Analysis

Tried & True is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in August 2005, 21 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, Tried & True reported income of $224k and spending of $224k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $202k to $224k (+11%), an average of +5.3% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tried & True sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Domestic Violence Network Inc ($224k), Saranac Central ($224k) and Society of St Vincent de Paul St Stephen Conference ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Other salaries and wages came to $91k. At year end it held assets of $99k against liabilities of $12k, net assets of $87k. It reported 5 employees.