Turtle Ridge Foundation Inc
Analysis
Turtle Ridge Foundation Inc is a registered charity in United States, based in Franconia, NH. It received its IRS tax-exemption ruling in August 2008, 18 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, Turtle Ridge Foundation Inc reported income of $150k and spending of $128k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $150k (+178%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 88% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Turtle Ridge Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within NH. Charities of a similar size with the same main cause include Bronx Legends Boxing Inc ($150k), Champion Oaks Ranch ($150k) and Larry Littles Gold Coast Summer Camp Inc ($150k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $27k (21% of expenses). At year end it held assets of $167k against liabilities of $2,322, net assets of $164k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 62%
- Other 38%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bronx Legends Boxing Inc | New York | $150k |
| Champion Oaks Ranch | Jasper | $150k |
| Larry Littles Gold Coast Summer Camp Inc | Miami | $150k |
| The Paradox Teen Center Inc | Jamestown | $150k |