Turtle Woods Corps

Analysis

Turtle Woods Corps is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. 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, Turtle Woods Corps reported income of $936k and spending of $900k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $812k to $936k (+15%), an average of +3.6% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Turtle Woods Corps sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Oklahoma Foundation for Excellence ($936k), Lancaster Avenue 21st Century Business Association ($936k) and Barbereux School Inc ($936k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $2.3m against liabilities of $161k, net assets of $2.2m.