Public Truth Media Foundation

Analysis

Public Truth Media Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Public Truth Media Foundation reported income of $123k and spending of $150k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $123k (+4.8%), an average of +4.8% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Public Truth Media Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Fountain Hills and Lower Verde River Valley Historical Society ($123k), New York Preservation Archive Project Inc ($123k) and Bucktown Fine Arts ($123k).

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 $323k against liabilities of $0, net assets of $323k.