Treasury: Turning Point USA not under IRS probe
The Treasury Department sent a letter last week to Erika Kirk stating that four Turning Point entities are not being examined or investigated by the IRS and that all required Form 990s were submitted on time this year. The response followed social media allegations of financial impropriety that prompted some donors to seek refunds; a senior Treasury official told CBS that IRS may provide such status information to the taxpayer upon request.
đ Key Facts
- Entities covered: Turning Point USA Inc., Turning Point Action Inc., Turning Point Endowment Inc., America's Turning Point Inc.
- Treasury/IRS letter confirms no current examination or investigation and on-time 990 filings
- Senior Treasury official: IRS can provide this information to the taxpayer; letter requested by Erika Kirk last Wednesday
đ Relevant Data
In the most recent tax filings, Charlie Kirk received $285,929 in compensation from Turning Point USA Inc.
Turning Point Usa Inc - Nonprofit Explorer â ProPublica
Turning Point USA reported total expenses of $81 million in 2024, including executive compensations.
Executive Compensation at Turning Point USA (2024) â Paddock Post
Charlie Kirk left behind a network of 500,000 donors for Turning Point USA.
Charlie Kirk left behind a network of 500,000 donors who could help Republicans win elections for decades â Fortune