Trumark Cares Foundation

Analysis

Trumark Cares Foundation is a registered charity in United States, based in For Washington, PA. It received its IRS tax-exemption ruling in July 2017, 9 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, Trumark Cares Foundation reported income of $67k and spending of $57k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $67k (+0.3%), an average of +0.3% a year. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Trumark Cares Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include Freedom House ($67k), Norwich Business Improvement District Management Assoc Inc ($67k) and Village Green Foundation ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 128% of the total. At year end it held assets of $42k against liabilities of $7,500, net assets of $35k.