Turning Point at Sonrise Inc

Analysis

Turning Point at Sonrise Inc is a registered charity in United States, based in Westmoreland, TN. It received its IRS tax-exemption ruling in June 2017, 9 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, Turning Point at Sonrise Inc reported income of $511k and spending of $269k, leaving 47% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $222k to $511k (+130%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 64% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Turning Point at Sonrise Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Our Home Christian Ministries Inc ($510k), Milwaukee Kollel Inc ($511k) and Heart for the Unreached ($510k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. Other salaries and wages came to $49k. At year end it held assets of $782k against liabilities of $9,865, net assets of $772k. It reported 6 employees.