Telling the Truth Inc
Analysis
Telling the Truth Inc is a registered charity in United States, based in Brookfield, WI. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Telling the Truth Inc reported income of $1.5m and spending of $1.8m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $1.5m (-44%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 105% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Telling the Truth Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include Living Room Ministries International ($1.5m), Mandir ($1.5m) and Becoming Love Ministries Association ($1.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $115k (6.4% of expenses). Other salaries and wages came to $421k. It paid $35k in professional fundraising fees. At year end it held assets of $390k against liabilities of $78k, net assets of $312k. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Living Room Ministries International | Redding | $1.5m |
| Mandir | Irvine | $1.5m |
| Becoming Love Ministries Association | Bethany | $1.5m |
| Presbyterian Camps at Gilmont Inc | Gilmer | $1.5m |