Turning Point Ministries

Analysis

Turning Point Ministries is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Turning Point Ministries reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.4m (+13%), an average of +2.5% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Turning Point Ministries sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Chabad at the University of Wisconsin Inc ($1.4m), Mec Fund Inc ($1.4m) and Timothy Training International NFP ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $835k (62% of expenses). Other salaries and wages came to $280k. At year end it held assets of $344k against liabilities of $121k, net assets of $223k. It reported 16 employees.