Turing School of Software and Design

Analysis

Turing School of Software and Design is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Turing School of Software and Design reported income of $6.1m and spending of $7.9m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.8m to $6.1m (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Turing School of Software and Design sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Hebrew Institute for the Deaf & Exceptional Children ($6.1m), Academy of Tucson ($6.1m) and CPTKD Academy Inc ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $929k (12% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $1.1m against liabilities of $3.4m, net assets of -$2.3m. It reported 66 employees.