XReligion-RelatedEIN: 341787585· Ruling Year: 1995

Truth For Life

Solon, Ohio

A-Health Score
80A-

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)

This Org1.58×
Peer Median5.89×
💰
$24.0M
Total Revenue
📊
$21.1M
Total Expenses
🏦
$33.4M
Net Assets
📋
$1.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.6%
Year-over-year change (2022 → 2023)
Net Margin
+11.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.58
Net assets divided by total expenses
Liabilities-to-Assets
3.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$23,970,67522%$21,135,99229%$34,715,59811%
2022$19,710,2675%$16,355,4066%$31,319,25910%
2021$20,814,25616%$15,361,5539%$28,565,82126%
2020$17,917,86925%$14,033,41611%$22,735,06018%
2019$14,390,25918%$12,646,11011%$19,310,43311%
2018$12,195,8123%$11,414,32913%$17,392,3985%
2017$11,809,8243%$10,092,56713%$16,568,1692%
2016$11,472,1825%$8,914,6824%$16,978,16933%
2015$12,131,8795%$8,551,3412%$12,729,05451%
2014$11,599,44624%$8,690,44311%$8,419,89250%
2013$9,379,03213%$7,834,7005%$5,629,82639%
2012$8,292,78412%$7,494,14411%$4,062,80640%
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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