In Touch Ministries Inc

Analysis

In Touch Ministries Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2021, In Touch Ministries Inc reported income of $133.5m and spending of $116.1m, spending 87% of its income. Across the 3 years on record, from September 2019 to September 2021, income grew from $97.6m to $133.5m (+37%), an average of +17% a year. The sharpest change came in the year to September 2021, when income rose by 29%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, In Touch Ministries Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Religious and Charitable Risk Pooling Trust of the Brothers of ($126.6m), Christian Aid Ministries ($148.0m) and The Young Mens and Young Womens Hebrew Association ($114.0m).

On its Form 990 for the period ending September 2021, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $1.4m (1.2% of expenses). Other salaries and wages came to $12.7m. At year end it held assets of $145.2m against liabilities of $4.1m, net assets of $141.1m. It reported 198 employees.