Truth Encounter a Non-Profit Corporation

Analysis

Truth Encounter a Non-Profit Corporation is a registered charity in United States, based in Midlothian, TX. It received its IRS tax-exemption ruling in February 1993, 33 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 2023, Truth Encounter a Non-Profit Corporation reported income of $66k and spending of $79k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $66k (+4.1%), an average of +4.1% a year. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Truth Encounter a Non-Profit Corporation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Bill Bozeman Evangelistic Association Inc ($66k), Empowerment Center for Children Youth and Families ($66k) and American Chemical Society ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.