Touching Lives Inc

Analysis

Touching Lives Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Touching Lives Inc reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.3m to $2.3m (-3.4%), an average of -0.9% a year. The sharpest change came in the year to September 2021, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Touching Lives Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Holy Love Ministries ($2.3m), Gospel Express Evangelistic Team Ministry Inc ($2.3m) and Tetelestai Ministries Inc ($2.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $46k (2.0% of expenses). Other salaries and wages came to $18k. At year end it held assets of $1.6m against liabilities of $72k, net assets of $1.6m. It reported 2 employees.