Turtle Wing Foundation

Analysis

Turtle Wing Foundation is a registered charity in United States, based in Schulenburg, TX. It received its IRS tax-exemption ruling in September 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 2024, Turtle Wing Foundation reported income of $411k and spending of $381k, spending 93% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $228k to $411k (+80%), an average of +12% a year. The sharpest change came in the year to August 2021, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Turtle Wing Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Apprenticeship Education and Training Fund Inc ($411k), Swatc Foundation ($411k) and Community Voices for 340b ($411k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $80k (21% of expenses). At year end it held assets of $365k against liabilities of $101k, net assets of $264k. It reported 5 employees.