In Touch Foundation Inc

Analysis

In Touch Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2023, 3 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 September 2022, In Touch Foundation Inc reported income of $15.0m and spending of $3.3m, leaving 78% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income grew from $11.2m to $15.0m (+34%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 122%. Over the whole period it spent 19% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, In Touch Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Cass County Community Foundation Inc ($15.0m), Greater Houston Community Foundation ($15.0m) and Utahs Promise ($14.9m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $617k. At year end it held assets of $85.5m against liabilities of $4.4m, net assets of $81.1m. It reported 16 employees.