Truman Center for National Policy

Analysis

Truman Center for National Policy is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Truman Center for National Policy reported income of $2.0m and spending of $2.4m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.0m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Truman Center for National Policy sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 67th percentile within DC. Charities of a similar size with the same main cause include American Water Works Association ($2.0m), The Bruce Harter Learning Pavilion Inc ($2.0m) and The Young Mens Christian Assoc of Ithaca and Tompkins County ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $308k (13% of expenses). Other salaries and wages came to $697k. At year end it held assets of $2.4m against liabilities of $43k, net assets of $2.4m. It reported 21 employees.