A Touch of the Fathers Love Inc

Analysis

A Touch of the Fathers Love Inc is a registered charity in United States, based in Nashville, NC. It received its IRS tax-exemption ruling in December 2016, 10 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 December 2023, A Touch of the Fathers Love Inc reported income of $118k and spending of $134k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $471k to $118k (-75%), an average of -75% a year. The sharpest change came in the year to December 2023, when income dropped by 75%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Touch of the Fathers Love Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Families Helping Families in Houston ($118k), Northern Nevada Central Labor Council Non-Profit Worker Benefit ($118k) and Arc Downriver Inc ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $14k (11% of expenses). At year end it held assets of $632k against liabilities of $151k, net assets of $481k. It reported 1 employees.