Trunorth

Analysis

Trunorth is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trunorth reported income of $67k and spending of $84k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $67k (+117%), an average of +117% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trunorth sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within MD. Charities of a similar size with the same main cause include California Teachers Association Disaster Relief Fund ($67k), Wood Colony Inc ($67k) and Hope Rising International ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $8,123 against liabilities of $29k, net assets of -$21k.