Islam by Touch Inc

Analysis

Islam by Touch Inc is a registered charity in United States, based in Clifton, NJ. It received its IRS tax-exemption ruling in September 2016, 10 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, Islam by Touch Inc reported income of $373k and spending of $240k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $297k to $373k (+26%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islam by Touch Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Cross of Light Ministry ($373k), Worldwide Marriage Encounter - Section 21 Inc ($373k) and The Messengers Gospel Ministries Inc ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (10% of expenses). At year end it held assets of $75k against liabilities of $0, net assets of $75k.