Foundation for the Advancement of Compassion and Truth

Analysis

Foundation for the Advancement of Compassion and Truth is a registered charity in United States, based in Cleburne, TX. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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 2022, Foundation for the Advancement of Compassion and Truth reported income of $238k and spending of $240k, spending 101% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $232k to $238k (+2.5%), an average of +2.5% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for the Advancement of Compassion and Truth sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Theatre of Yugen Incoporated ($237k), PTA New York Congress ($238k) and N B C U S a Housing Inc Five ($237k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.