Turn It Gold

Analysis

Turn It Gold is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Turn It Gold reported income of $241k and spending of $203k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $674k to $241k (-64%), an average of -23% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Turn It Gold sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Beeyo Cooperative ($240k), Wright Memorial Endowment Fund ($241k) and Anna S Frahm Charitable Trust ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $306k against liabilities of $0, net assets of $306k.