Truth For Life
Solon, Ohio
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 7 peers in Religion-Related with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $23,970,675↑22% | $21,135,992↑29% | $34,715,598↑11% | |
| 2022 | $19,710,267↓5% | $16,355,406↑6% | $31,319,259↑10% | — |
| 2021 | $20,814,256↑16% | $15,361,553↑9% | $28,565,821↑26% | — |
| 2020 | $17,917,869↑25% | $14,033,416↑11% | $22,735,060↑18% | — |
| 2019 | $14,390,259↑18% | $12,646,110↑11% | $19,310,433↑11% | — |
| 2018 | $12,195,812↑3% | $11,414,329↑13% | $17,392,398↑5% | — |
| 2017 | $11,809,824↑3% | $10,092,567↑13% | $16,568,169↓2% | — |
| 2016 | $11,472,182↓5% | $8,914,682↑4% | $16,978,169↑33% | — |
| 2015 | $12,131,879↑5% | $8,551,341↓2% | $12,729,054↑51% | — |
| 2014 | $11,599,446↑24% | $8,690,443↑11% | $8,419,892↑50% | — |
| 2013 | $9,379,032↑13% | $7,834,700↑5% | $5,629,826↑39% | — |
| 2012 | $8,292,784↑12% | $7,494,144↑11% | $4,062,806↑40% | — |
| 2011 | $7,415,739 | $6,775,748 | $2,907,621 | — |
Frequently Asked Questions
What does Truth For Life do?▼
Truth For Life is a religion-related nonprofit organization based in Ohio. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Truth For Life financially healthy?▼
Based on our 9-metric Financial Health Score model, Truth For Life has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Truth For Life generate?▼
Truth For Life reports $24.0M in annual revenue and holds $34.7M in total assets, based on IRS filings.
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