Teen Challenge of Kentucky Inc

Analysis

Teen Challenge of Kentucky Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Teen Challenge of Kentucky Inc reported income of $735k and spending of $836k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $840k to $735k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Teen Challenge of Kentucky Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Project Healthy Community ($734k), Calexico Wellness Center ($735k) and TVHC Facilities II Inc ($734k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $366k. At year end it held assets of $1.5m against liabilities of $279k, net assets of $1.2m. It reported 35 employees.