Challenged Champions Equestrian Center Inc
Analysis
Challenged Champions Equestrian Center Inc is a registered charity in United States, based in Ottawa, OH. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Challenged Champions Equestrian Center Inc reported income of $247k and spending of $258k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $247k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Challenged Champions Equestrian Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Aerostar Avion Institute ($247k), Kidspirit Inc ($247k) and Cento Amici Inc ($247k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Other salaries and wages came to $121k. At year end it held assets of $262k against liabilities of $931, net assets of $261k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 18%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Aerostar Avion Institute | Chicago | $247k |
| Kidspirit Inc | Brooklyn | $247k |
| Cento Amici Inc | Lebanon | $247k |
| Childrens Cooperative Playschool Inc | Chapel Hill | $247k |