TRUTH INITIATIVE FOUNDATION
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$52,987,573
Other
54%
Investments
25%
Contributions
16%
Program Services
3%
Government Grants
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$109,721,541
Fees to Service Providers
63%
Salaries & Benefits
26%
Offices, Occupancy & IT
4%
Other
3%
Interest
2%
Grants
1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$4,474,387
$8,539,599
+91%
Government Grants
$601,408
$579,527
-4%
Fundraising Events
$0
$0
-
Program Services
$1,491,288
$1,816,725
+22%
Membership Dues
$0
$0
-
Investments
$16,159,756
$13,365,436
-17%
Other
$50,417,772
$28,686,286
-43%
Total Revenues
$73,144,611
$52,987,573
-28%
Expenses
2024
2025
Change
Grants
$1,448,704
$1,347,753
-7%
Benefits to Members
$0
$0
-
Salaries & Benefits
$26,552,030
$28,685,227
+8%
Fees to Service Providers
$69,450,136
$69,447,433
0%
Advertising & Promotion
$196,717
$161,925
-18%
Offices, Occupancy & IT
$4,357,926
$4,063,281
-7%
Interest
$1,424,147
$2,682,911
+88%
Depreciation
$517,982
$585,767
+13%
Other
$3,394,569
$2,747,244
-19%
Total Expenses
$107,342,211
$109,721,541
+2%
Net income
2024
2025
Change
Net income
-$34,197,600
-$56,733,968
-66%
Functional Expenses
Summary
2024
2025
Change
Program
$89,153,969
$92,458,675
+4%
Admin
$18,125,682
$15,794,476
-13%
Fundraising
$62,560
$1,468,390
+2247%
Total Expenses
$107,342,211
$109,721,541
+2%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)