T O U C H Therapy Inc

Analysis

T O U C H Therapy Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in May 2007, 19 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 December 2023, T O U C H Therapy Inc reported income of $2.6m and spending of $2.1m, leaving 21% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $259k to $2.6m (+917%), an average of +117% a year. The sharpest change came in the year to December 2021, when income rose by 313%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, T O U C H Therapy Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MD. Charities of a similar size with the same main cause include International Association of Oral and Maxillofacial Surgeons ($2.6m), ALS United North Carolina ($2.6m) and Depression and Bipolar Support Alliance ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $282k (14% of expenses). At year end it held assets of $1.7m against liabilities of $1,536, net assets of $1.7m.