One Challenge USA

Analysis

One Challenge USA is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in November 2015, 11 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 September 2023, One Challenge USA reported income of $317k and spending of $333k, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $408k to $317k (-22%), an average of -6.1% a year. The sharpest change came in the year to September 2022, when income dropped by 16%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Challenge USA sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Statewide Independent Living Council of Alaska Inc ($317k), Hope Gardens ($318k) and Hope Impacts ($317k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $7,495 (2.3% of expenses). Other salaries and wages came to $166k. At year end it held assets of $150k against liabilities of $125k, net assets of $25k. It reported 5 employees.