Teen Challange North Carolina Adolescent Program

Analysis

Teen Challange North Carolina Adolescent Program is a registered charity in United States, based in Conover, NC. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, 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 2021, Teen Challange North Carolina Adolescent Program reported income of $1.5m and spending of $1.2m, spending 83% of its income. Across the 4 years on record, from December 2018 to December 2021, income grew from $836k to $1.5m (+76%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Teen Challange North Carolina Adolescent Program 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 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include United Cerebral Palsy Assn of Hawaii ($1.5m), Lions Volunteer Blind Industries Inc ($1.5m) and Swimming Patrons of Santa Monica ($1.5m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $67k (5.5% of expenses). Other salaries and wages came to $196k. It paid $27k in professional fundraising fees. At year end it held assets of $3.4m against liabilities of $2.2m, net assets of $1.2m. It reported 17 employees.