Challenge Success

Analysis

Challenge Success is a registered charity in United States, based in Stanford, CA. It received its IRS tax-exemption ruling in March 2012, 14 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 June 2023, Challenge Success reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to June 2023, income fell from $2.0m to $1.9m (-4.5%), an average of -1.1% a year. The sharpest change came in the year to June 2023, when income rose by 215%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Challenge Success 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 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Louisville Winston Educational Foundation Inc ($1.9m), Oholei Yosef Yitzchok Lubavitch Inc ($1.9m) and Oraysa Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $200k (10% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $844k against liabilities of $465k, net assets of $379k. It reported 20 employees.