House of Champions

Analysis

House of Champions is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 2014, 12 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 2024, House of Champions reported income of $548k and spending of $214k, leaving 61% of income unspent that year. Across the 3 years on record, from June 2020 to June 2024, income grew from $191k to $548k (+187%), an average of +69% a year. The sharpest change came in the year to June 2024, when income rose by 88%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, House of Champions sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Bainbridge Public Library Inc ($548k), The Crescent Academy ($548k) and Passion for the Poor International ($547k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $30k (14% of expenses). It paid $484 in professional fundraising fees. At year end it held assets of $785k against liabilities of $0, net assets of $785k. It reported 8 employees.