Truth Synergies NFP

Analysis

Truth Synergies NFP is a registered charity in United States, based in Belleville, IL. It received its IRS tax-exemption ruling in February 2023, 3 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, Truth Synergies NFP reported income of $146k and spending of $193k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $146k (+89%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Truth Synergies NFP sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Faith Fourth of July Committee ($146k), Legacy Minded Men Inc ($146k) and Upper Dauphin Human Services Center Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6 against liabilities of $0, net assets of $6.