Turning Point School

Analysis

Turning Point School is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in February 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Turning Point School reported income of $15.4m and spending of $15.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.1m to $15.4m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Turning Point School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include University Foundation at Sacramento State ($15.4m), Resurrection University ($15.4m) and H E L P Group West ($15.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $936k (6.1% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $38.7m against liabilities of $23.2m, net assets of $15.5m. It reported 109 employees.