Turning Point Center of Central Vermont Inc

Analysis

Turning Point Center of Central Vermont Inc is a registered charity in United States, based in Barre, VT. It received its IRS tax-exemption ruling in August 2004, 22 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 Center of Central Vermont Inc reported income of $569k and spending of $438k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $251k to $569k (+127%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 87% 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 Center of Central Vermont Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within VT. Charities of a similar size with the same main cause include Kidney Foundation of Northwest Ohio ($569k), Pastors Pantry Targeting Senior Hunger ($570k) and Last Chance Treatment Foundation Corp ($569k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $69k (16% of expenses). Other salaries and wages came to $268k. At year end it held assets of $349k against liabilities of $0, net assets of $349k. It reported 14 employees.