Whole Truth Fund

Analysis

Whole Truth Fund is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Whole Truth Fund reported income of $122k and spending of $121k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $122k (+389%), an average of +389% a year. The sharpest change came in the year to December 2023, when income rose by 389%. Over the whole period it spent 132% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Whole Truth Fund sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include The Atlantic Institute Inc ($122k), Mid Continent Color Guard Association ($122k) and Atlanta Listening Collaborative ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $2,071 against liabilities of $0, net assets of $2,071.