Teen Challenge of MD Inc

Analysis

Teen Challenge of MD Inc is a registered charity in United States, based in Capitol HGTS, MD. It received its IRS tax-exemption ruling in June 1970, 56 years ago. 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 2022, Teen Challenge of MD Inc reported income of $206k and spending of $275k, spending 133% of what it took in. Across the 5 years on record, from December 2012 to December 2022, income grew from $150k to $206k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2020, when income rose by 126%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Teen Challenge of MD Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MD. Charities of a similar size with the same main cause include Cleanstart Inc ($206k), Cross Country Cruisers Inc ($206k) and Association of Fundraising Professionals ($206k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $59k (21% of expenses). Other salaries and wages came to $46k. At year end it held assets of $101k against liabilities of $92k, net assets of $8,859. It reported 2 employees.