Turning Points for Children Charitable Foundation

Analysis

Turning Points for Children Charitable Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Turning Points for Children Charitable Foundation reported income of $433k and spending of $1.0m, spending 238% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $433k (-79%), an average of -32% a year. The sharpest change came in the year to June 2021, when income rose by 459%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Turning Points for Children Charitable Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Augusta Exchange Club Charity Fund Inc ($433k), Unto the Least of These Inc ($433k) and Crittenton Foundation Inc ($433k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% of the total. At year end it held assets of $20.8m against liabilities of $1.5m, net assets of $19.3m.