U-Turn Ministries of Goshen Inc

Analysis

U-Turn Ministries of Goshen Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 of Goshen Inc reported income of $179k and spending of $161k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $244k to $179k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2021, when income dropped by 21%. Over the whole period it spent 77% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, U-Turn Ministries of Goshen Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include Young Entrepreneurs of the Future ($179k), Popup Tennis Kids Inc ($179k) and Science and Technolgy Group Inc ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $50k (31% of expenses). Other salaries and wages came to $46k. At year end it held assets of $369k against liabilities of $3,664, net assets of $365k. It reported 9 employees.