Our Turn Inc

Analysis

Our Turn Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Our Turn Inc reported income of $2.0m and spending of $1.8m, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.9m to $2.0m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to August 2021, when income rose by 42%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Our Turn Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Learning for Life Charter School ($2.0m), Holly Hill Academy Inc ($2.0m) and Marylhurst Early Childhood Center Incorporated ($2.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $642k (36% of expenses). Other salaries and wages came to $548k. At year end it held assets of $1.1m against liabilities of $25k, net assets of $1.1m. It reported 67 employees.