Turning Point USA Inc

Analysis

Turning Point USA Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 USA Inc reported income of $81.7m and spending of $91.4m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.6m to $81.7m (+186%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Turning Point USA Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include National Association of County and City Health Officials ($81.4m), Educational Foundation Inc ($81.8m) and Liberty Resources Inc ($81.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $591k (0.6% of expenses). Other salaries and wages came to $17.4m. It paid $2.6m in professional fundraising fees. At year end it held assets of $20.2m against liabilities of $6.3m, net assets of $13.9m. It reported 681 employees.