Adult & Teen Challenge Virginia Inc

Analysis

Adult & Teen Challenge Virginia Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adult & Teen Challenge Virginia Inc reported income of $553k and spending of $699k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $618k to $553k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2022, when income rose by 138%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Adult & Teen Challenge Virginia Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Great Lakes Recovery Center Foundation ($553k), Tracy Ambulance Service Inc ($553k) and North Carolina Public Health Association ($553k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $99k (14% of expenses). Other salaries and wages came to $152k. At year end it held assets of $1.7m against liabilities of $9,953, net assets of $1.7m. It reported 10 employees.