Challenged Athletes Inc

Analysis

Challenged Athletes Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 1997, 29 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 March 2024, Challenged Athletes Inc reported income of $16.7m and spending of $15.1m, spending 91% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $12.9m to $16.7m (+30%), an average of +6.7% a year. The sharpest change came in the year to March 2022, when income rose by 42%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Challenged Athletes Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Home of Hope Inc ($16.6m), Village Northwest Unlimited ($16.7m) and Saint Anne of Winona ($16.6m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 106% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $543k (3.6% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $32.7m against liabilities of $6.6m, net assets of $26.1m. It reported 34 employees.