Touchstone Foundation

Analysis

Touchstone Foundation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in February 1989, 37 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, Touchstone Foundation reported income of $397k and spending of $51k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $397k (+97%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 605%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Touchstone Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Vandegrift Lacrosse Club Booster Organization ($397k), McKinley Eagles Charity Fund Inc ($398k) and Ball Charities Inc ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 117% of the total. At year end it held assets of $401k against liabilities of $47k, net assets of $354k.