Turning Point Inc
Newburyport, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 3 peers in Housing & Shelter with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $28,170,838↓2% | $31,357,912↑11% | $20,936,160↓11% | — |
| 2023 | $28,890,524↓9% | $28,298,275↑11% | $23,468,648↑3% | — |
| 2022 | $31,886,468↑34% | $25,460,403↑17% | $22,797,029↑43% | — |
| 2021 | $23,787,887↑9% | $21,802,838↑1% | $15,951,930↑9% | — |
| 2020 | $21,825,987↑7% | $21,541,117↑11% | $14,629,490↑11% | — |
| 2019 | $20,473,841↑1% | $19,397,648↓1% | $13,124,262↑10% | — |
| 2018 | $20,300,017↑4% | $19,542,879↑1% | $11,939,137↑3% | — |
| 2017 | $19,536,028↑5% | $19,270,465↑5% | $11,615,210↑19% | — |
| 2016 | $18,550,734 | $18,329,811↑5% | $9,781,166↓2% | — |
| 2015 | $18,472,336↑28% | $17,453,513↑29% | $9,962,698↑8% | — |
| 2014 | $14,383,906↑13% | $13,549,068↑6% | $9,193,006↑17% | — |
| 2013 | $12,780,478↑2% | $12,810,523↑3% | $7,841,287↑1% | — |
| 2012 | $12,533,107↑5% | $12,465,211↑4% | $7,739,753↑14% | — |
| 2011 | $11,942,538 | $11,970,979 | $6,784,660 | — |
Frequently Asked Questions
What does Turning Point Inc do?▼
Turning Point Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L410 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Turning Point Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Turning Point Inc has a score of 56/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Turning Point Inc generate?▼
Turning Point Inc reports $34.4M in annual revenue and holds $24.6M in total assets, based on IRS filings.
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