Challenger Learning Center of Kentucky Inc

Analysis

Challenger Learning Center of Kentucky Inc is a registered charity in United States, based in Hazard, KY. It received its IRS tax-exemption ruling in December 1997, 29 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 2023, Challenger Learning Center of Kentucky Inc reported income of $711k and spending of $639k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $245k to $711k (+190%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Challenger Learning Center of Kentucky Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include TFK Chicago Voyagers ($711k), Al Wooten Jr Youth Center ($713k) and Young Voices ($709k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Other salaries and wages came to $414k. At year end it held assets of $2.6m against liabilities of $573k, net assets of $2.0m. It reported 19 employees.