Special Touch Bakery Inc

Analysis

Special Touch Bakery Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Special Touch Bakery Inc reported income of $6.1m and spending of $6.4m, spending 105% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $6.1m (+165%), an average of +38% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Special Touch Bakery Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include The Alabama Coalition Against Domestic Violence Inc ($6.1m), Operation Safe House Inc ($6.1m) and Operation Restoration ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Other salaries and wages came to $406k. At year end it held assets of $4.0m against liabilities of $3.2m, net assets of $841k. It reported 45 employees.