True Daughters Inc

Analysis

True Daughters Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in February 2008, 18 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, True Daughters Inc reported income of $207k and spending of $194k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $217k to $207k (-4.7%), an average of -4.7% a year. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, True Daughters Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include The Fig Tree ($207k), The Society of Christian Ethics ($207k) and Lay Institute for Global Health Training ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $69k (35% of expenses). At year end it held assets of $187k against liabilities of $18k, net assets of $169k. It reported 1 employees.