Word of Truth

Analysis

Word of Truth is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in August 1983, 43 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Word of Truth reported income of $51k and spending of $47k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $51k (-12%), an average of -12% a year. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Word of Truth sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within MO. Charities of a similar size with the same main cause include Metropolitan Detroit Chorale Inc ($51k), Oklahoma Square Dance Federation Inc ($51k) and Historical Aircraft Squadron Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 89% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.