Truth at Work Inc
Analysis
Truth at Work Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Truth at Work Inc reported income of $2.2m and spending of $2.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $2.2m (-11%), an average of -2.8% a year. Over the whole period it spent 99% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Truth at Work Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Efrat Development Foundation USA ($2.2m), Swedenborg Foundation Inc ($2.2m) and Narroway Productions Inc ($2.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $187k (8.0% of expenses). Other salaries and wages came to $314k. At year end it held assets of $639k against liabilities of $236k, net assets of $404k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Efrat Development Foundation USA | Fresh Meadows | $2.2m |
| Swedenborg Foundation Inc | Royersford | $2.2m |
| Narroway Productions Inc | Fort Mill | $2.1m |
| Maclellan Center for Global Christian Education | Chattanooga | $2.2m |