Champion Impact Capital

Analysis

Champion Impact Capital is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Champion Impact Capital reported income of $94k and spending of $12k, leaving 87% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $6.1m to $94k (-98%), an average of -88% a year. The sharpest change came in the year to December 2022, when income dropped by 95%. Over the whole period it spent 9.3% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Champion Impact Capital sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Festival of Bands - U S a ($94k), Anne Arundel County Literacy Council Inc ($94k) and Carlisle Area Religious Council ($94k).

At year end it held assets of $5.9m against liabilities of $181k, net assets of $5.7m.