Challenger Learning Center of the Twin Tier Region Inc

Analysis

Challenger Learning Center of the Twin Tier Region Inc is a registered charity in United States, based in Allegany, NY. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Challenger Learning Center of the Twin Tier Region Inc reported income of $158k and spending of $200k, spending 127% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $68k to $158k (+133%), an average of +33% a year. The sharpest change came in the year to June 2022, when income rose by 232%. Over the whole period it spent 139% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Challenger Learning Center of the Twin Tier Region Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Waldorf Teacher Training Eugene ($158k), Angelbotics ($158k) and Chapel Hill High School Boosters Club ($158k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 80% of the total. Other salaries and wages came to $63k. At year end it held assets of $633k against liabilities of $71k, net assets of $562k. It reported 12 employees.