Mission of Truth

Analysis

Mission of Truth is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Mission of Truth reported income of $235k and spending of $239k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $165k to $235k (+42%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mission of Truth sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include Globalworks Foundation ($235k), Loving All Nations Inc ($235k) and Called for His Purpose Inc ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (25% of expenses). Other salaries and wages came to $56k. At year end it held assets of $16k against liabilities of $237, net assets of $16k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.