True Organic Inc

Analysis

True Organic Inc is a registered charity in United States, based in Galt, CA. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, True Organic Inc reported income of $472k and spending of $477k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $506k to $472k (-6.8%), an average of -1.7% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, True Organic Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Corazon Community Services ($472k), Martin Luther King Multi-Purpose Center ($472k) and Family Service Association of Lubbock Texas ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $429k against liabilities of $0, net assets of $429k.