Touching Families Inc

Analysis

Touching Families Inc is a registered charity in United States, based in Turtle Creek, PA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Touching Families Inc reported income of $769k and spending of $778k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $866k to $769k (-11%), an average of -2.9% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Touching Families Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Impact Change ($769k), Interfaith Ministries of Wichita Falls Inc ($769k) and Fresh Start Pallet Products Inc ($769k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $105k (13% of expenses). Other salaries and wages came to $358k. At year end it held assets of $720k against liabilities of $185k, net assets of $536k. It reported 21 employees.