Turn Center

Analysis

Turn Center is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in August 1950, 76 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Turn Center reported income of $4.0m and spending of $4.8m, spending 120% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $4.6m to $4.0m (-13%), an average of -3.5% a year. The sharpest change came in the year to July 2021, when income rose by 36%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Turn Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Emt of CVPH Inc ($4.0m), International Association for Dental Research ($4.0m) and Mental Health Centers of Western Illinois ($4.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $133k (2.7% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $7.1m against liabilities of $166k, net assets of $6.9m. It reported 59 employees.