Financial Information for True Friends

True Friends's annual revenue was $10.1M in tax year 2024, reported on their IRS Form 990. They spent $8.5M in total expenses. 87% went to programs and services.

Financial Breakdown

What is True Friends's total annual expenses?

True Friends spent $8.5M in tax year 2024, according to their IRS Form 990 filing.

How much of True Friends's budget goes to programs?

True Friends spent $7.4M (87% of expenses) on programs and services in tax year 2024.

How much does True Friends spend on overhead?

True Friends's overhead in tax year 2024 includes administrative (2%) and fundraising (11%) of their expenses.

What is True Friends's net worth?

True Friends had net assets of $22.4M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.