Turning Point Foundation

Analysis

Turning Point Foundation is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in July 1989, 37 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Turning Point Foundation reported income of $7.7m and spending of $6.9m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $7.7m (+61%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Turning Point Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Hospital Council of Northwest Ohio ($7.7m), Krossroads Integrative Health and Recovery Solutions Inc ($7.7m) and Interior Community Health Center ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.3% and program service revenue 74% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $4.8m against liabilities of $1.7m, net assets of $3.1m. It reported 141 employees.