Turning Point Foundation

Analysis

Turning Point Foundation is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in August 1980, 46 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Turning Point Foundation reported income of $5.0m and spending of $5.6m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.1m to $5.0m (-1.9%), an average of -0.5% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Turning Point Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include General Baptist Nursing Home Inc ($5.0m), Moveable Feast Inc ($5.0m) and Polymer Processing Institute at Njit ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $12.2m against liabilities of $2.2m, net assets of $10.0m.