Touch Together Our Unity Can Heal Inc

Analysis

Touch Together Our Unity Can Heal Inc is a registered charity in United States, based in Congers, NY. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2023, Touch Together Our Unity Can Heal Inc reported income of $4.6m and spending of $4.5m, spending 96% of its income. Across the 5 years on record, from February 2019 to February 2023, income grew from $261k to $4.6m (+1672%), an average of +105% a year. The sharpest change came in the year to February 2020, when income rose by 778%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Touch Together Our Unity Can Heal Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include The Stanley Medical Research Institute ($4.6m), American Academy of Family Physicians Foundation ($4.6m) and Crossroads for Women Inc ($4.6m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $113k (2.5% of expenses). Other salaries and wages came to $510k. At year end it held assets of $1.1m against liabilities of $348k, net assets of $734k. It reported 16 employees.