A Touch of Understanding Inc

Analysis

A Touch of Understanding Inc is a registered charity in United States, based in Granite Bay, CA. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, A Touch of Understanding Inc reported income of $462k and spending of $425k, spending 92% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $399k to $462k (+16%), an average of +7.5% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Touch of Understanding Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Sisterhouse ($462k), Come and See Preschool & After School ($462k) and Childrens Advocacy Center of Erie County Inc ($462k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $68k (16% of expenses). Other salaries and wages came to $224k. It paid $2,592 in professional fundraising fees. At year end it held assets of $352k against liabilities of $16k, net assets of $336k.