Turning Point Center of Addisoncounty Inc

Analysis

Turning Point Center of Addisoncounty Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in May 2007, 19 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 June 2024, Turning Point Center of Addisoncounty Inc reported income of $632k and spending of $617k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $205k to $632k (+209%), an average of +33% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Turning Point Center of Addisoncounty Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within VT. Charities of a similar size with the same main cause include Canton Cable Access Corporation ($632k), Gamelan Sekar Jaya ($632k) and Riverdale Friends of Hatzala Inc ($632k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $77k (13% of expenses). Other salaries and wages came to $265k. At year end it held assets of $172k against liabilities of $537, net assets of $172k. It reported 15 employees.