Champions for Progress Inc

Analysis

Champions for Progress Inc is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in August 2008, 18 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 December 2023, Champions for Progress Inc reported income of $294k and spending of $202k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $441k to $294k (-33%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 251%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Champions for Progress 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 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Midstory ($294k), Food Pantry of Alpine ($294k) and Roswell W F L ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $202k. At year end it held assets of $256k against liabilities of $0, net assets of $256k.