Turn the Hearts

Analysis

Turn the Hearts is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in March 1995, 31 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 (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, Turn the Hearts reported income of $332k and spending of $371k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $228k to $332k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Turn the Hearts sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Coalition for Home Repair ($332k), Lutheran Housing Services 18 Incorporated ($332k) and Chautauqua Community Residence Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $24k (6.5% of expenses). Other salaries and wages came to $35k. At year end it held assets of $270k against liabilities of $240, net assets of $270k.