Descendants Truth and Reconciliation Trust

Analysis

Descendants Truth and Reconciliation Trust is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Descendants Truth and Reconciliation Trust reported income of $11.2m and spending of $1.7m, leaving 85% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $15.0m to $11.2m (-26%), an average of -9.4% a year. The sharpest change came in the year to December 2023, when income rose by 3993%. Over the whole period it spent 7.3% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Descendants Truth and Reconciliation Trust sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Legal Aid of Nebraska ($11.2m), Committee to Protect Journalists Inc ($11.2m) and Economic Security Project Inc ($11.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $129k (7.5% of expenses). At year end it held assets of $25.2m against liabilities of $0, net assets of $25.2m.