Turning Point of South Arkansas Inc

Analysis

Turning Point of South Arkansas Inc is a registered charity in United States, based in El Dorado, AR. It received its IRS tax-exemption ruling in July 1985, 41 years ago. 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 of South Arkansas Inc reported income of $506k and spending of $454k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $298k to $506k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Turning Point of South Arkansas Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within AR. Charities of a similar size with the same main cause include Oklahoma Region Volleyball Association Inc ($506k), Acorn School Inc ($506k) and Cancer Hope Network Inc ($506k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $62k (14% of expenses). Other salaries and wages came to $255k. At year end it held assets of $370k against liabilities of $2,710, net assets of $368k. It reported 12 employees.