Turtle Athletic Foundation Inc

Analysis

Turtle Athletic Foundation Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Turtle Athletic Foundation Inc reported income of $749k and spending of $631k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $712k to $749k (+5.1%), an average of +5.1% a year. Over the whole period it spent 58% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Turtle Athletic Foundation Inc 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 76th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Discovery Time Kids Early Learning Center ($748k), New Foundation of Hope ($749k) and Tioga County Boys and Girls Club Inc ($748k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $613k against liabilities of $0, net assets of $613k.