Touched by Type 1 Inc

Analysis

Touched by Type 1 Inc is a registered charity in United States, based in Altamonte SPG, FL. It received its IRS tax-exemption ruling in September 2014, 12 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, Touched by Type 1 Inc reported income of $636k and spending of $636k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $370k to $636k (+72%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Touched by Type 1 Inc sits at the 58th percentile: it is larger than about 58% 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 Fresh Start Sober Living Programs ($636k), Entera Therapy ($636k) and Skagit Hospice Foundation ($635k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Other salaries and wages came to $107k. At year end it held assets of $363k against liabilities of $21k, net assets of $342k. It reported 3 employees.