Tru Community Care

Analysis

Tru Community Care is a registered charity in United States, based in Lafayette, CO. It received its IRS tax-exemption ruling in May 1978, 48 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, Tru Community Care reported income of $60.0m and spending of $62.7m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $28.2m to $60.0m (+113%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tru Community Care sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Catholic Charities Corporation ($60.0m), Concordia Lutheran Health and Human Care ($60.1m) and United Cerebral Palsy Seguin of Greater Chicago ($59.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.5m (2.4% of expenses). Other salaries and wages came to $23.7m. At year end it held assets of $37.0m against liabilities of $18.0m, net assets of $19.0m. It reported 507 employees.