Right Turn Inc
Analysis
Right Turn Inc is a registered charity in United States, based in Pierre, SD. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Right Turn Inc reported income of $521k and spending of $644k, spending 123% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income grew from $365k to $521k (+43%), an average of +7.4% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 109% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Right Turn Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within SD. Charities of a similar size with the same main cause include Roslindale Village Main Street Inc ($521k), Autism Employment Network ($522k) and Wyoming County Fair Inc ($521k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $59k (9.2% of expenses). Other salaries and wages came to $252k. At year end it held assets of $186k against liabilities of $179k, net assets of $6,610. It reported 19 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 7.9%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Roslindale Village Main Street Inc | Boston | $521k |
| Autism Employment Network | Monroeville | $522k |
| Wyoming County Fair Inc | Tunkhannock | $521k |
| Passion LA | Los Angeles | $522k |