Touch Care Ministries

Analysis

Touch Care Ministries is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Touch Care Ministries reported income of $69k and spending of $14k, leaving 80% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $69k (+149%), an average of +149% a year. The sharpest change came in the year to December 2023, when income rose by 149%. Over the whole period it spent 31% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Touch Care Ministries sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within IN. Charities of a similar size with the same main cause include Camp Diversity Foundation ($69k), Red Angus Foundation Inc ($69k) and Surry County Little League Football ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $758, net assets of $77k.