Turning Point-Interfaith Mission Inc

Analysis

Turning Point-Interfaith Mission Inc is a registered charity in United States, based in Gettysburg, PA. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Turning Point-Interfaith Mission Inc reported income of $813k and spending of $1.1m, spending 135% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.1m to $813k (-25%), an average of -7.0% a year. The sharpest change came in the year to September 2021, when income dropped by 28%. Over the whole period it spent 140% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Turning Point-Interfaith Mission Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Y Community Development Corp ($812k), Crossroads Nola Inc ($813k) and Oceana County Housing Commission Nonprofit Corporation ($812k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 35% and program service revenue 62% of the total. Other salaries and wages came to $270k. At year end it held assets of $6.6m against liabilities of $9.6m, net assets of -$3.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.