Turning Point Center for Families

Analysis

Turning Point Center for Families is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Turning Point Center for Families reported income of $412k and spending of $370k, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $325k to $412k (+27%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Turning Point Center for Families sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Columbia International Festival ($412k), Community Theatre of Terre Haute Inc ($412k) and The Theatre Company of Bryan- College Station ($412k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 18% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $44k (12% of expenses). Other salaries and wages came to $176k. At year end it held assets of $304k against liabilities of $3,217, net assets of $301k. It reported 16 employees.