Touch of Grace

Analysis

Touch of Grace is a registered charity in United States, based in Olney, MD. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Touch of Grace reported income of $67k and spending of $10k, leaving 84% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $153k to $67k (-56%), an average of -56% a year. The sharpest change came in the year to December 2022, when income dropped by 56%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Touch of Grace sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within MD. Charities of a similar size with the same main cause include Mississippi River Marathon ($67k), Keep Kids Drug Free Foundation Inc ($67k) and Oklahoma Alliance for Healthy Families ($67k).

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 $78k against liabilities of $0, net assets of $78k.