Compassionate Touch Inc

Analysis

Compassionate Touch Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Compassionate Touch Inc reported income of $978k and spending of $931k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $587k to $978k (+67%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compassionate Touch Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Safe Harbor ($977k), Avenues Inc ($978k) and Core Academy ($977k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $125k. At year end it held assets of $1.1m against liabilities of $7,399, net assets of $1.1m.