Turning Point Alcohol & Drug Education Program Inc

Analysis

Turning Point Alcohol & Drug Education Program Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2010, 16 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 December 2023, Turning Point Alcohol & Drug Education Program Inc reported income of $2.8m and spending of $2.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $460k to $2.8m (+499%), an average of +56% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Turning Point Alcohol & Drug Education Program Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Community Security Service ($2.8m), Support Innovations Inc ($2.8m) and Ronald McDonald House of Charlotte Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $250k (8.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.2m against liabilities of $656k, net assets of $564k. It reported 55 employees.