Touchstone Youth Resource Services Inc

Analysis

Touchstone Youth Resource Services Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 1989, 37 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 December 2023, Touchstone Youth Resource Services Inc reported income of $138k and spending of $129k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $194k to $138k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Touchstone Youth Resource Services Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within TN. Charities of a similar size with the same main cause include Safe Hands Learning Center ($138k), Debre Kerbe Kidist Mariam Wetsadik Abune Habtemariam Eot Church ($138k) and Shiloh Family Ministries ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 0.6% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.