Turning Point Missions Inc

Analysis

Turning Point Missions Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Turning Point Missions Inc reported income of $86k and spending of $116k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $152k to $86k (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Turning Point Missions Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within MI. Charities of a similar size with the same main cause include Lonon Foundation ($86k), Brookwood Holding Company ($86k) and Society of St Vincent de Paul Our Lady Queen of Peace ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $277k against liabilities of $0, net assets of $277k.