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Hands That Touch Inc

RegisteredEIN 68-0421820Concord, NCReligion
Income$419k2023-12
Spending$412ksame year
Spent / received98%5-year average
Size in its cause81st pctReligion
Exempt since1998Publicly supported organisat
Employees1latest return

Analysis

Hands That Touch Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in December 1998, 28 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, Hands That Touch Inc reported income of $419k and spending of $412k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $402k to $419k (+4.2%), an average of +1.0% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hands That Touch Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Urban Discovery Ministries Inc ($418k), Soul Winners India Ministries ($419k) and New Life Global Ministries Inc ($418k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $23k. At year end it held assets of $161k against liabilities of $0, net assets of $161k. It reported 1 employees.

Income and spending

$0$113k$226k$339k$452k2019 Income: $401,7832019 Spending: $375,41020192020 Income: $446,1582020 Spending: $452,40120202021 Income: $382,7172021 Spending: $393,25720212022 Income: $398,8482022 Spending: $381,17420222023 Income: $418,5592023 Spending: $412,3152023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Urban Discovery Ministries IncNorfolk$418k
Soul Winners India MinistriesDes Plaines$419k
New Life Global Ministries IncMartinsburg$418k
Equip Ministries InternationalGreen$419k