Trucare Network

Analysis

Trucare Network is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 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, Trucare Network reported income of $679k and spending of $666k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $663k to $679k (+2.4%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trucare Network sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Freedom Ride Inc ($679k), Rout County Council on Aging Inc ($679k) and Sexual Assault Center of Northwest Georgia ($679k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $141k (21% of expenses). Other salaries and wages came to $173k. At year end it held assets of $1.6m against liabilities of $142k, net assets of $1.5m. It reported 11 employees.