Fact check: What is the annual budget of Turning Point USA?

1. Summary of the results

The annual budget of Turning Point USA is estimated to be around $72 million, based on the organization's most recent full-year financials (fiscal year ending June 2022) with total expenses of $71,855,649 and total revenue of $80,642,111 ^[1]. However, other sources report different revenue figures for the organization, such as $85 million in 2024 ^[2], $82 million in 2023 ^[3], and $8,288,866 in 2017 ^[4]. These discrepancies may be due to different fiscal years or reporting periods. It is also worth noting that the OpenSecrets page does not provide the organization's overall annual budget or expense figures, but rather lists outside-spending data for Turning Point USA ^[5].

2. Missing context/alternative viewpoints

A key piece of missing context is the breakdown of expenses for Turning Point USA, which could provide insight into how the organization allocates its budget ^[1]. Additionally, the sources do not provide a clear picture of the organization's funding sources, although it is reported that in 2023, $81 million of the organization's revenue came from contributions, gifts, and grants ^[3]. Alternative viewpoints on the organization's budget and revenue may be found in sources that are critical of Turning Point USA, such as those that report on the organization's political activities and financial relationships with other groups ^[2]. Furthermore, the historical context of the organization's revenue and expenses, such as the reported $8,288,866 in revenue and $8,343,094 in expenses in 2017, may provide a more comprehensive understanding of the organization's financial situation ^[4].

3. Potential misinformation/bias in the original statement

The original statement may be considered incomplete or misleading if it does not take into account the different revenue figures reported by various sources ^{[1] [2] [3] [4]}. The statement may also be biased towards presenting a specific view of the organization's financial situation, depending on the source of the information. For example, sources that report on the organization's high revenue figures, such as $85 million in 2024, may be presenting a positive view of the organization's financial situation, while sources that report on the organization's expenses and funding sources may be presenting a more critical view ^{[2] [3]}. Ultimately, the potential misinformation or bias in the original statement may benefit Turning Point USA itself, if the statement presents a favorable view of the organization's financial situation, or critics of the organization, if the statement presents a negative view of the organization's financial situation ^{[1] [2] [3] [4]}.