B a R E Truth Inc

Analysis

B a R E Truth Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, B a R E Truth Inc reported income of $134k and spending of $154k, spending 115% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $176k to $134k (-24%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, B a R E Truth Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Feed My Sheep Ministries ($134k), Pacific Survivor Center ($134k) and Urban Transformation Ministries ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. At year end it held assets of $2,206 against liabilities of $12k, net assets of -$9,337.