Touch Outreach & Development Inc

Analysis

Touch Outreach & Development Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 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 2023, Touch Outreach & Development Inc reported income of $148k and spending of $87k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $148k (+109%), an average of +109% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Touch Outreach & Development Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Agape Farmhands ($148k), Fort Covington Senior Citizens ($148k) and Rinkle Family Foundation ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 13% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.