Torchbearr

Analysis

Torchbearr is a registered charity in United States, based in Somes Bar, CA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Torchbearr reported income of $123k and spending of $128k, spending 104% of its income. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Torchbearr sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Living Earth Center ($123k), Foundation for the Preserv of the Caroline Dormon Nature Preserv Inc ($123k) and The Arizona Floodplain Management Association ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $1,586 against liabilities of $0, net assets of $1,586.