Touch a Life
Analysis
Touch a Life is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Touch a Life reported income of $590k and spending of $671k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $682k to $590k (-14%), an average of -3.6% a year. Over the whole period it spent 105% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Touch a Life sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Choshen Farm Inc ($590k), Legacy Charities Inc ($590k) and Just One Africa Inc ($590k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $53k (7.9% of expenses). Other salaries and wages came to $23k. At year end it held assets of $769k against liabilities of $141k, net assets of $628k. It reported 3 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.4%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Choshen Farm Inc | Spokane | $590k |
| Legacy Charities Inc | New Braunfels | $590k |
| Just One Africa Inc | Alpharetta | $590k |
| Hope for Haitians Inc | Rockford | $590k |