Turnstone Center for Children and Adults with Disabilities Inc

Analysis

Turnstone Center for Children and Adults with Disabilities Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in April 1952, 74 years ago. Its declared purposes cover health care, 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, Turnstone Center for Children and Adults with Disabilities Inc reported income of $9.3m and spending of $7.1m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $9.3m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 112%. 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, Turnstone Center for Children and Adults with Disabilities Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Elmcor Youth & Adult Activities Inc ($9.3m), Clinical Data Interchange Standards Consortium Inc ($9.3m) and Community Healthcare Operator Inc ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $311k (4.4% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $23.5m against liabilities of $487k, net assets of $23.0m. It reported 131 employees.