Turning Point

Analysis

Turning Point is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover mental health and crisis intervention, 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, Turning Point reported income of $6.3m and spending of $5.4m, spending 86% of its income. Across the 4 years on record, from June 2020 to December 2023, income fell from $9.9m to $6.3m (-36%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Turning Point sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include National Center for Farmworker Health Inc ($6.3m), Michigan Center for Rural Health ($6.3m) and Bayada ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $192k (3.5% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $5.8m against liabilities of $19k, net assets of $5.7m. It reported 61 employees.