Turning Point Childrens Social Services

Analysis

Turning Point Childrens Social Services is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Turning Point Childrens Social Services reported income of $2.1m and spending of $2.1m, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.6m to $2.1m (+36%), an average of +6.3% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Turning Point Childrens Social Services sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Gateway Housing First Inc ($2.1m), Fair Chance ($2.1m) and Dallas Furniture Bank ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $221k against liabilities of $503k, net assets of -$282k.