Champion Project Inc

Analysis

Champion Project Inc is a registered charity in United States, based in West Seneca, NY. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Project Inc reported income of $786k and spending of $628k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $13k to $786k (+6169%), an average of +181% a year. The sharpest change came in the year to December 2022, when income rose by 341%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Champion Project Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include It Takes a Village Itav Inc ($785k), Boys & Girls Clubs of East Central Alabama ($787k) and Gsnetx STEM Center of Excellence ($785k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $65k (10% of expenses). Other salaries and wages came to $69k. At year end it held assets of $294k against liabilities of $32k, net assets of $262k.