Fiscal Challenge Inc

Analysis

Fiscal Challenge Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fiscal Challenge Inc reported income of $125k and spending of $88k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $125k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fiscal Challenge Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Digilearn Digital Learning Institute ($125k), Divine House of Providence ($125k) and Palacios Library Incorporated ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $56k against liabilities of $9,797, net assets of $46k.