Truth Initiative Foundation
900 G Street NW 4th Flr, Washington, DC · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $52,987,573 | $109,721,541 | $576,190,220 |
| FY2024 | $73,144,611 | $107,342,211 | $603,750,615 |
| FY2023 | $59,245,878 | $116,909,770 | $653,716,534 |
| FY2022 | $111,718,749 | $118,089,967 | $726,154,919 |
| FY2021 | $92,158,475 | $98,704,313 | $893,994,631 |
| FY2020 | $57,705,985 | $109,295,633 | $771,848,236 |
| FY2019 | $98,736,487 | $104,980,089 | $840,470,654 |
| FY2018 | $70,169,506 | $117,013,813 | $903,938,189 |
| FY2017 | $67,533,533 | $113,822,409 | $936,604,780 |
| FY2016 | $32,680,682 | $119,131,077 | $931,188,118 |
| FY2015 | $88,775,190 | $107,510,970 | $1,048,011,046 |
| FY2014 | $117,165,393 | $65,065,789 | $1,110,546,084 |
| FY2013 | $90,153,399 | $75,153,339 | $1,019,936,372 |
| FY2012 | $39,391,344 | $51,262,428 | $974,192,011 |
Form 990 filings
The returns filed by Truth Initiative Foundation (EIN 91-1956621), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $9,119,126 | 17% |
| Program service revenue | $1,816,725 | 3% |
| Other revenue | $42,051,722 | 79% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $92,458,675 | 84% |
| Management & general | $15,794,476 | 14% |
| Fundraising | $1,468,390 | 1% |
What the numbers show
- Other revenue made up 79% of total revenue in FY2025.
- Program services accounted for 84% of functional expenses, management & general 14%, and fundraising 1%.
- 84% of functional expenses went to program services in FY2025. That is higher than 47.8% of 689 Mental Health & Crisis Intervention organizations nationwide (too few in DC for a state comparison).
- Net assets covered about 63 months of expenses at the end of the reporting year. That puts it in the 90th percentile among 48 Mental Health & Crisis Intervention organizations in DC.
- Total revenue was higher than 95.8% of 48 Mental Health & Crisis Intervention organizations in DC.
- Total revenue rose from $39,391,344 in FY2012 to $52,987,573 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 12 of 14 reported years (FY2012, FY2015, FY2016, FY2017, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- The highest revenue on record here is $117,165,393 in FY2014.
- Net assets declined from $974,192,011 to $576,190,220 between FY2012 and FY2025.
- Contributions and grants made up 7% of revenue in FY2012 and 17% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TRUTH INITIATIVE'S MISSION IS TO ACHIEVE A CULTURE WHERE YOUNG PEOPLE REJECT SMOKING, VAPING, AND NICOTINE.
IRS status
| Ruling year | 1999 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | F210 — Mental Health & Crisis Intervention |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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