Truth for Youth

Analysis

Truth for Youth is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in July 1997, 29 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Truth for Youth reported income of $187k and spending of $160k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $187k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Truth for Youth sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Forests Today and Forever ($187k), Volunteers of America Inc ($187k) and Shaw Neighborhood Improvement Association ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 45% of the total. At year end it held assets of $105k against liabilities of $3,693, net assets of $101k.