Touching a Life Inc

Analysis

Touching a Life Inc is a registered charity in United States, based in Joliet, IL. It received its IRS tax-exemption ruling in February 2020, 6 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 2022, Touching a Life Inc reported income of $64k and spending of $46k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $76k to $64k (-17%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Touching a Life Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include California Academy of Nutrition and Dietetics Foundation ($64k), Addiction Research Foundation ($64k) and Amel Association International ($64k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.