Touchstone Community School Inc

Analysis

Touchstone Community School Inc is a registered charity in United States, based in Grafton, MA. It received its IRS tax-exemption ruling in September 1982, 44 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Touchstone Community School Inc reported income of $1.5m and spending of $1.7m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.5m (-8.7%), an average of -2.3% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Touchstone Community School Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Nami Wisconsin Inc ($1.5m), National Vaccine Information Center ($1.5m) and Religious Freedom Coalition ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 92% of the total. Other salaries and wages came to $929k. At year end it held assets of $1.9m against liabilities of $774k, net assets of $1.1m. It reported 32 employees.