Climb

Analysis

Climb is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Climb reported income of $6.8m and spending of $7.0m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.9m to $6.8m (+14%), an average of +3.3% a year. The sharpest change came in the year to September 2021, when income rose by 29%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Climb sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 97th percentile within WY. Charities of a similar size with the same main cause include Richmond County Hospice Inc ($6.8m), Young Mens Christian Association of Lansing Mich ($6.8m) and Marjorie Doyle Rockwell Center Inc ($6.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $295k (4.2% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $8.1m against liabilities of $639k, net assets of $7.4m. It reported 40 employees.