In Touch with Communities Around the World Inc

Analysis

In Touch with Communities Around the World Inc is a registered charity in United States, based in Saint Petersburg, FL. It received its IRS tax-exemption ruling in April 2013, 13 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 December 2022, In Touch with Communities Around the World Inc reported income of $661k and spending of $732k, spending 111% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $528k to $661k (+25%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, In Touch with Communities Around the World Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Presbyterian Counseling Center of Greensboro ($661k), Court Appointed Special Advocates of Somerset Hunterdon & Warren ($661k) and Greater Ideal Family Life Center ($660k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Other salaries and wages came to $232k. At year end it held assets of $3,618 against liabilities of $150k, net assets of -$147k.