Classroom Champions Inc
Analysis
Classroom Champions Inc is a registered charity in United States, based in Saint Petersburg, FL. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Classroom Champions Inc reported income of $2.5m and spending of $2.1m, spending 86% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $865k to $2.5m (+186%), an average of +30% a year. The sharpest change came in the year to July 2022, when income rose by 99%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Classroom Champions Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Collegetracks Inc ($2.5m), Redeemer Lutheran School ($2.5m) and Womens Funding Network ($2.5m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $95k (4.4% of expenses). Other salaries and wages came to $588k. It paid $13k in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $631k, net assets of $516k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 2.2%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Collegetracks Inc | Rockville | $2.5m |
| Redeemer Lutheran School | Verona | $2.5m |
| Womens Funding Network | San Francisco | $2.5m |
| San Francisco Jewish Comm Publications | San Francisco | $2.5m |