Challenge Center Inc

Analysis

Challenge Center Inc is a registered charity in United States, based in Superior, WI. It received its IRS tax-exemption ruling in March 1946, 80 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 December 2023, Challenge Center Inc reported income of $5.2m and spending of $5.6m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.7m to $5.2m (-9.3%), an average of -2.4% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Challenge Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Larche Daybreak ($5.2m), Meals on Wheels Diablo Region ($5.2m) and Kids to Love Foundation ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $1.8m against liabilities of $1.2m, net assets of $609k. It reported 119 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.