True Measure Collaborative

Analysis

True Measure Collaborative is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, True Measure Collaborative reported income of $741k and spending of $1.2m, spending 162% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $2.5m to $741k (-70%), an average of -70% a year. The sharpest change came in the year to June 2024, when income dropped by 70%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, True Measure Collaborative sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Arts Ed NJ Inc ($740k), New York State Government Finance Officers Association Inc ($741k) and Association of College Counselorsin Independent Schools Inc ($740k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $181k (15% of expenses). Other salaries and wages came to $491k. At year end it held assets of $1.8m against liabilities of $40k, net assets of $1.7m. It reported 6 employees.