Turning Point Recovery Center of Springfield Vermont

Analysis

Turning Point Recovery Center of Springfield Vermont is a registered charity in United States, based in Springfield, VT. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Turning Point Recovery Center of Springfield Vermont reported income of $756k and spending of $792k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $254k to $756k (+198%), an average of +31% a year. The sharpest change came in the year to June 2020, when income rose by 55%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Turning Point Recovery Center of Springfield Vermont sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within VT. Charities of a similar size with the same main cause include Mental Health California ($756k), Everest Pace Center Inc ($757k) and Latah Recovery Center ($756k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. Other salaries and wages came to $551k. At year end it held assets of $427k against liabilities of $119k, net assets of $307k. It reported 14 employees.