LHousing & ShelterEIN: 042479435· Ruling Year: 1971

Turning Point Inc

Newburyport, Massachusetts

BHealth Score
56B

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)

This Org0.41×
Peer Median12.01×
💰
$28.2M
Total Revenue
📊
$31.4M
Total Expenses
🏦
$12.7M
Net Assets
📋
$8.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.5%
Year-over-year change (2023 → 2024)
Net Margin
-11.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
39.3%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$28,170,8382%$31,357,91211%$20,936,16011%
2023$28,890,5249%$28,298,27511%$23,468,6483%
2022$31,886,46834%$25,460,40317%$22,797,02943%
2021$23,787,8879%$21,802,8381%$15,951,9309%
2020$21,825,9877%$21,541,11711%$14,629,49011%
2019$20,473,8411%$19,397,6481%$13,124,26210%
2018$20,300,0174%$19,542,8791%$11,939,1373%
2017$19,536,0285%$19,270,4655%$11,615,21019%
2016$18,550,734$18,329,8115%$9,781,1662%
2015$18,472,33628%$17,453,51329%$9,962,6988%
2014$14,383,90613%$13,549,0686%$9,193,00617%
2013$12,780,4782%$12,810,5233%$7,841,2871%
2012$12,533,1075%$12,465,2114%$7,739,75314%
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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