Turn Back Time

Analysis

Turn Back Time is a registered charity in United States, based in Paxton, MA. It received its IRS tax-exemption ruling in November 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Turn Back Time reported income of $415k and spending of $439k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $315k to $415k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Turn Back Time sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Youth with a Mission - Atlanta Inc ($415k), Trudys Kids Cafe ($416k) and Wadena County Humane Society ($415k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $47k (11% of expenses). Other salaries and wages came to $198k. At year end it held assets of $481k against liabilities of $249k, net assets of $232k. It reported 25 employees.