Mining the Truth

Analysis

Mining the Truth is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Mining the Truth reported income of $213k and spending of $240k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $132k to $213k (+61%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 91%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mining the Truth sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Pennsylvania State Association of County Fairs ($213k), Greater Federation of Women Club ($213k) and May Coalition Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $86k (36% of expenses). Other salaries and wages came to $38k. At year end it held assets of $90k against liabilities of $2,749, net assets of $88k. It reported 2 employees.