U-Turn Ministries Inc
Analysis
U-Turn Ministries Inc is a registered charity in United States, based in Lafayette, CO. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, U-Turn Ministries Inc reported income of $403k and spending of $392k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $484k to $403k (-17%), an average of -4.4% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 89% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, U-Turn Ministries Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Christ Together Inc ($403k), Christ Liberty Ministry ($404k) and Top O Texas Educational Broadcasting Foundation ($403k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $37k (9.4% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Christ Together Inc | Roanoke | $403k |
| Christ Liberty Ministry | Eastpointe | $404k |
| Top O Texas Educational Broadcasting Foundation | Amarillo | $403k |
| Living Destiny Tabernacle | Norfolk | $404k |