Tomlinson Touching Lives Foundation

Analysis

Tomlinson Touching Lives Foundation is a registered charity in United States, based in Independence, OH. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Tomlinson Touching Lives Foundation reported income of $156k and spending of $55k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $191k to $156k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income rose by 130%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tomlinson Touching Lives Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Clute Barrow Nelson Life Foundation Inc ($156k), SEND the Light ($156k) and Support Organization for Kids in Need ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $464k against liabilities of $59k, net assets of $405k.