Truth Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −2,482 | 885 | −3,367 | 175.7 | 0% |
| 2012 | 3,951 | 240 | 3,711 | 833.4 | 0% |
| 2013 | 33,507 | 30,164 | 3,343 | 8.0 | 0% |
| 2014 | 25,194 | 12,328 | 12,866 | 32.0 | 0% |
| 2015 | 13,069 | 18,661 | −5,592 | 17.5 | 0% |
| 2016 | 31,978 | 15,050 | 16,928 | 35.3 | 0% |
| 2017 | 10,794 | 16,924 | −6,130 | 27.0 | 0% |
| 2018 | 3,538 | 13,422 | −9,884 | 25.2 | 0% |
| 2019 | 51,323 | 56,943 | −5,620 | 4.8 | 0% |
| 2020 | 885 | 11,671 | −10,786 | 12.1 | 0% |
| 2021 | 50,857 | 28,599 | 22,258 | 14.3 | 0% |
| 2022 | 22,499 | 42,840 | −20,341 | 3.8 | 0% |
| 2023 | 101,751 | 103,327 | −1,576 | 1.4 | 0% |
In its most recent public year (2023), this organization spent $1,576 more than it brought in. Its reserves stood at about 1.4 months of spending, down from 175.7 in 2011. Staff pay was 0% of spending.
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
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