Foundation Advancing Creation Truth

Analysis

Foundation Advancing Creation Truth is a registered charity in United States, based in Glendive, MT. It received its IRS tax-exemption ruling in November 2003, 23 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, Foundation Advancing Creation Truth reported income of $203k and spending of $196k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $182k to $203k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Foundation Advancing Creation Truth sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MT. Charities of a similar size with the same main cause include Art School KC ($203k), Illinois Firefighter Memorial Foundation ($203k) and Joel Chandler Harris Association ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 48% of the total. Other salaries and wages came to $61k. At year end it held assets of $2.4m against liabilities of $219k, net assets of $2.2m. It reported 2 employees.