Turpentine Creek Foundation Inc

Analysis

Turpentine Creek Foundation Inc is a registered charity in United States, based in Eureka SPGS, AR. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Turpentine Creek Foundation Inc reported income of $7.4m and spending of $3.8m, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $7.4m (+148%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 73% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Turpentine Creek Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within AR. Charities of a similar size with the same main cause include Wave Hill Incorporated ($7.4m), Blue Forest Finance Inc ($7.4m) and Central California Environmental Justice Network ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 18% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $9.0m against liabilities of $518k, net assets of $8.5m. It reported 58 employees.