Turner 12 Inc

Analysis

Turner 12 Inc is a registered charity in United States, based in Hutchins, TX. It received its IRS tax-exemption ruling in November 2023, 3 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, Turner 12 Inc reported income of $188k and spending of $220k, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $245k to $188k (-23%), an average of -5.1% a year. The sharpest change came in the year to December 2019, when income dropped by 47%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Turner 12 Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include 360 Community Thrift ($188k), Ultimate Escape ($188k) and NJTL of Bennington VT ($188k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $187k against liabilities of $0, net assets of $187k.