Turtle Island Childrens Center Inc

Analysis

Turtle Island Childrens Center Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Turtle Island Childrens Center Inc reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.0m to $1.6m (+50%), an average of +11% a year. The sharpest change came in the year to August 2021, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Turtle Island Childrens Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within VT. Charities of a similar size with the same main cause include Clothes That Work ($1.6m), Josephs Coat of Central Ohio Inc ($1.6m) and Young Womens Christian Assn ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $66k (4.2% of expenses). Other salaries and wages came to $816k. At year end it held assets of $1.1m against liabilities of $97k, net assets of $959k. It reported 39 employees.