True Directions Inc

Analysis

True Directions Inc is a registered charity in United States, based in Mora, MN. It received its IRS tax-exemption ruling in March 1975, 51 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, True Directions Inc reported income of $991k and spending of $1.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $719k to $991k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, True Directions Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Families Together Inc ($991k), Head & Neck Cancer Alliance Inc ($991k) and RGV Hie ($990k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $626k. At year end it held assets of $374k against liabilities of $398k, net assets of -$23k. It reported 32 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.