Human Services
(P20)
IRS Verified
DX Registered
990 on File
B A R E TRUTH INC
Financial strength (30%)
48/100
Reliability (20%)
45/100
Effectiveness (25%)
97/100
Impact (25%)
45/100
CharityAI™ Score
Not yet evaluated
Mission Statement
B.A.R.E. TRUTH is an organization that provides mentorship, independent living assistance and wellness services to impoverished individuals and families, helping them attain healthy, purpose-driven lives, ultimately changing the economic and living conditions of communities.
Financial Overview — FY 2024
$884K
Total Revenue
$865K
Total Expenses
$10K
Net Assets
45
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
99.8%
Fundraising Efficiency
N/A
Operating Reserve
0.13x
Liability-to-Asset
96.6%
Revenue Diversification
100.0%
Compared with Peers
FY 2024
Compared with 15,047 similar organizations
(United States, Human Services, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
99.8% | 86.3% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.1% | 10.4% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.1 mo | 8.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
96.6% | 1.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 96.4% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
561.7% | 7.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
461.7% | 8.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.1% | 2.1% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| The goal is permanent housing | 80 | $9,000.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $884K | $865K | $10K | 99.8% | 45 |
| 2023 | $134K | $154K | $-9,337 | 99.8% | 0 |
| 2022 | $185K | $193K | $11K | 99.8% | 0 |
| 2021 | $210K | $173K | N/A | — | 0 |
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