Challenge Program Inc

Analysis

Challenge Program Inc is a registered charity in United States, based in Johnstown, PA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Challenge Program Inc reported income of $1.8m and spending of $1.7m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.8m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Challenge Program Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Boys & Girls Clubs of San Juan County ($1.8m), Youth for Christ USA Inc ($1.8m) and Ma Ka Hana Ka Ike Building Program ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $231k (14% of expenses). Other salaries and wages came to $623k. At year end it held assets of $1.4m against liabilities of $885k, net assets of $553k. It reported 21 employees.