Turning Point Community Programs

Analysis

Turning Point Community Programs is a registered charity in United States, based in Rncho Cordova, CA. It received its IRS tax-exemption ruling in November 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Community Programs reported income of $72.7m and spending of $71.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $51.5m to $72.7m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Turning Point Community Programs sits at the 99th 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 CA. Charities of a similar size with the same main cause include Virginia United Methodist Homes Inc ($72.3m), Guide Dogs for the Blind Inc ($72.8m) and Hospice of Michigan Inc ($72.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.8m (2.5% of expenses). Other salaries and wages came to $38.6m. At year end it held assets of $46.1m against liabilities of $26.2m, net assets of $20.0m. It reported 1,057 employees.