Truth Spring Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 113,936 | 5,689 | 108,247 | 230.5 | — |
| 2015 | 299,206 | 115,598 | 183,608 | 30.4 | 48% |
| 2016 | 306,509 | 195,896 | 110,613 | 24.7 | 63% |
| 2017 | 473,211 | 235,486 | 237,725 | 32.7 | 71% |
| 2018 | 333,493 | 311,471 | 22,022 | 25.4 | 72% |
| 2019 | 646,578 | 391,477 | 255,101 | 28.2 | 75% |
| 2020 | 1,172,382 | 509,940 | 662,442 | 37.4 | 73% |
| 2021 | 3,832,299 | 1,130,635 | 2,701,664 | 45.6 | 69% |
| 2022 | 2,738,563 | 4,048,146 | −1,309,583 | 8.9 | 23% |
| 2023 | 3,786,680 | 3,035,876 | 750,804 | 14.8 | 33% |
In its most recent public year (2023), this organization brought in $750,804 more than it spent. Its reserves stood at about 14.8 months of spending, down from 230.5 in 2014. Staff pay was 33% of spending. $23,332 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Truth Spring Incorporated's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works