Turning Points for Children

Analysis

Turning Points for Children is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1934, 92 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Points for Children reported income of $66.0m and spending of $64.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $60.5m to $66.0m (+9.1%), an average of +2.2% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Turning Points for Children sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Envision Unlimited ($66.0m), Tempe Life Care Village Inc ($66.1m) and Abbott House ($65.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $351k (0.5% of expenses). Other salaries and wages came to $29.4m. At year end it held assets of $46.2m against liabilities of $13.9m, net assets of $32.3m. It reported 726 employees.