Turning Point of Franklin County Inc

Analysis

Turning Point of Franklin County Inc is a registered charity in United States, based in St Albans, VT. It received its IRS tax-exemption ruling in July 2010, 16 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 December 2023, Turning Point of Franklin County Inc reported income of $365k and spending of $341k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $262k to $365k (+39%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 88% 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 of Franklin County Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 58th percentile within VT. Charities of a similar size with the same main cause include Cant Tell Foundation Inc ($365k), Rita Foundation Jax Inc ($365k) and Christian Counseling Center of Greater Danbury ($365k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $125k (37% of expenses). Other salaries and wages came to $123k. At year end it held assets of $194k against liabilities of $0, net assets of $194k. It reported 14 employees.