Kershaws Challenge

Analysis

Kershaws Challenge is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Kershaws Challenge reported income of $3.2m and spending of $3.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.2m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kershaws Challenge sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Chisholm Trail Communities Foundation ($3.2m), Barry County Community Foundation ($3.2m) and LA Plaza Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 119% of the total. Compensation of current officers, directors and key employees was $107k (3.5% of expenses). Other salaries and wages came to $206k. At year end it held assets of $459k against liabilities of $0, net assets of $459k. It reported 5 employees.