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Screen a listTruth Initiative Foundation
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- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Not current
- Charity type
- 509(a)(1)
$53Mrevenue
FY2025 · −53% in 3 yrs204staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−107.1%
Months of reserve9.6mo
Revenue growth (annualized)−3.0%
Middle half of peersMedianTruth Initiative
Where the money goes FY2025 · $110M spent
Programs$92M84%Management and general$16M14%Fundraising$1.5M1%990 FY2025 · Part IX line 25
Worth checking2
Government grants fell 86% in FY2023
$4.3M in FY2022, $620k in FY2023.
990 Part VIIIDeficits in 3 of the last 3 years
−$58M in FY2023, −$34M in FY2024 and −$57M in FY2025. Cash covers 9.6 months, above the peer median of 1.8.
990 Part I and balance sheetIn its favor1
Strong governance
11 of 11 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI14funders
$1.9Ma year, last 3 years
90%from its largest funder
Funder’17’18’19’20’21’22’23Center for Environmental HealthOn and off$1.0MNational Foundation for the Centers for Disease Control and Prevention IncSince FY2020$60k$20k$111k$29kThe George Washington UniversitySince FY2021$34k$88k$93kTrinity Health CorporationOn and off$100kSouthern New Jersey Perinatal CooperativeStopped after FY2022$65k$16k–Johns Hopkins UniversityStopped after FY2021$8k$70k–Donor-advised giftsDonors not disclosed$557k$180k$92k$3.2M$2.6M$1.5M$1.0M4 other fundersUp to $25k a year each$19k$500$25k$17k
FundedThrough a donor-advised fundStopped