Turn Ministries

Analysis

Turn Ministries is a registered charity in United States, based in Bedford, TX. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Turn Ministries reported income of $302k and spending of $271k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $24k to $302k (+1180%), an average of +89% a year. The sharpest change came in the year to December 2020, when income rose by 309%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Turn Ministries sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Build a Better US Inc ($302k), Eternal Truth Ministries ($302k) and Exodos Ministries Inc ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $62k (23% of expenses). At year end it held assets of $90k against liabilities of $101, net assets of $90k. It reported 6 employees.