True North Treks

Analysis

True North Treks is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in February 2009, 17 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, True North Treks reported income of $2.1m and spending of $356k, leaving 83% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $369k to $2.1m (+472%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 624%. Over the whole period it spent 43% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, True North Treks sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Heres the Deal Inc ($2.1m), Center for Plant Science and Health ($2.1m) and Passages Connecting Fathers and Sons Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $74k. At year end it held assets of $4.3m against liabilities of $2.3m, net assets of $2.0m. It reported 5 employees.