Turning Point Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,413,824 | 1,285,142 | 128,682 | 0.1 | 88% |
| 2022 | 1,411,480 | 1,369,236 | 42,244 | 0.4 | 89% |
| 2023 | 1,449,478 | 1,290,374 | 159,104 | 1.8 | 87% |
| 2024 | 1,376,496 | 1,353,006 | 23,490 | 2.0 | 82% |
In its most recent public year (2024), this organization brought in $23,490 more than it spent. Its reserves stood at about 2 months of spending, up from 0.1 in 2021. Staff pay was 82% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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