Bay Area Turning Point Inc

Analysis

Bay Area Turning Point Inc is a registered charity in United States, based in Webster, TX. It received its IRS tax-exemption ruling in April 1992, 34 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, Bay Area Turning Point Inc reported income of $4.4m and spending of $4.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $4.4m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bay Area Turning Point Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Parent Support Network of Rhode Island ($4.4m), One22 Inc ($4.4m) and Long Beach Island Community Center Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $227k (5.2% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.3m against liabilities of $484k, net assets of $2.9m. It reported 118 employees.