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Innovative Truth

RegisteredEIN 21-5731463Pocola, OKReligion
Income$69k2023-12
Spending$66ksame year
Spent / received95%2-year average
Size in its cause30th pctReligion
Exempt since2011Publicly supported organisat
Employees–latest return

Analysis

Innovative Truth is a registered charity in United States, based in Pocola, OK. It received its IRS tax-exemption ruling in February 2011, 15 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, Innovative Truth reported income of $69k and spending of $66k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $69k (+1.0%), an average of +1.0% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Innovative Truth sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within OK. Charities of a similar size with the same main cause include Bridgelives ($69k), Shoulder2shoulder Ministries Inc ($69k) and Islamic Society of Roosevelt Island ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.

Income and spending

$0$17k$35k$52k$69k2022 Income: $68,5812022 Spending: $65,70020222023 Income: $69,2732023 Spending: $65,8062023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
BridgelivesS Pasadena$69k
Shoulder2shoulder Ministries IncSapulpa$69k
Islamic Society of Roosevelt IslandNew York$69k
International New CreationOak Grove$69k