Public Charity

TURNING FOR HOME INC

TURNING FOR HOME INC is a Public Charity headquartered in BENSALEM, PA. Financial data from the 2024 filing: $1.3M revenue, $1.1M expenses, $646K total assets. 10 publicly reported grants to this organization, totaling roughly $110K, appear in IRS filings.

EIN: 262698385 BENSALEM, PA Animal Protection & Welfare NTEE: D20 Latest filing: 2024
Total Revenue$1.3M
Total Expenses$1.1M
Total Assets$646K
Grant Records10
Funding Total$110K
Filing Years2019–2024

Mission

TO PROVIDE FOR THE RETIREMENT OF RACE HORSES THAT CAN NO LONGER RACE DUE TO AGE OR INJURY AS A HUMANE ALTERNATIVE TO EUTHANASIA.

Where $100 goes at Turning for Home Inc

How Turning for Home Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$96 Programs the work itself
$3 Management running the organization
$1 Fundraising raising the next dollar

Inside the $96 for programs

$96
Provide for the retirement of race horses that can no longer race due to age or injury as an alternative to euthanasia
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2023
ASSURE RETIRED RACE HORSES HAVE A SAFE FUTURE AND A NEW CAREER
$15,000
2023
FOR RECIPIENT'S EXEMPT PURPOSE
$10,000
2023
GENERAL
$7,624
2022
ASSURE RETIRED RACE HORSES HAVE A SAFE FUTURE AND A NEW CAREER
$15,000
2021
ASSURE RETIRED RACEHORSES HAVE A SAFE FUTURE AND A NEW CAREER
$15,000

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

TREASURER Charles Asensio
DIRECTOR Edward Coletti Jr
DIRECTOR Jack Armstrong
EXECUTIVE DIRECTOR, SECRETARY Jeffrey Matty Jr
DIRECTOR John C Servis
DIRECTOR John Fanelli

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$62,000 4 grants
Animal Welfare
$30,000 2 grants
General Support
$17,624 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.3M $1.1M $646K
2023 $1.3M $925K $515K
2022 $607K $614K $70K
2020 $465K $512K $63K
2019 $579K $612K $102K

Between 2019 and 2024, reported annual revenue grew from $579K to $1.3M (+116%), with total assets most recently reported at $646K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for TURNING FOR HOME INC

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