Project Challenge North Carolina Inc

Analysis

Project Challenge North Carolina Inc is a registered charity in United States, based in Spruce Pine, NC. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Project Challenge North Carolina Inc reported income of $592k and spending of $645k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.1m to $592k (-49%), an average of -15% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 89% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Project Challenge North Carolina Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Healthy Democracy Fund ($592k), Mustard Seed Project ($592k) and Pueblo Child Advocacy Center Inc ($592k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.9% and program service revenue 92% of the total. Other salaries and wages came to $337k. At year end it held assets of $338k against liabilities of $6,519, net assets of $332k. It reported 27 employees.