New Challenges Adventures

Analysis

New Challenges Adventures is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in July 2014, 12 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, New Challenges Adventures reported income of $245k and spending of $219k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $245k (+1.0%), an average of +0.2% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Challenges Adventures sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Harlan County Senior Services Inc ($245k), Crusaders for the Cross ($245k) and Babe of Wabash County Inc ($245k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $140k. At year end it held assets of $99k against liabilities of $22k, net assets of $77k. It reported 3 employees.