Trunorth Foundation

Analysis

Trunorth Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Trunorth Foundation reported income of $1.1m and spending of $784k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $668k to $1.1m (+65%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 83% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Trunorth Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Gunsdown Inc ($1.1m), Huron House Inc ($1.1m) and Metro Youth Diversion Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $244k (31% of expenses). Other salaries and wages came to $120k. At year end it held assets of $599k against liabilities of $946, net assets of $598k. It reported 2 employees.