Trucha

Analysis

Trucha is a registered charity in United States, based in McAllen, TX. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trucha reported income of $620k and spending of $533k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $18k to $620k (+3438%), an average of +228% a year. The sharpest change came in the year to December 2021, when income rose by 922%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Trucha sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Carolina Philharmonic Inc ($620k), Atlanta Grade School Friends ($620k) and Missouris National Veterans Memorial ($620k).

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 $119k (22% of expenses). Other salaries and wages came to $100k. At year end it held assets of $488k against liabilities of $0, net assets of $488k. It reported 4 employees.