Global Teen Challenge Inc

Analysis

Global Teen Challenge Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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, Global Teen Challenge Inc reported income of $24.2m and spending of $24.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.6m to $24.2m (+12%), an average of +2.9% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Global Teen Challenge Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Alliance Preparatory Schools Inc ($24.1m), Central Massachusetts Housing Alliance Inc ($24.2m) and Psa 3 Agency on Aging Inc ($24.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $408k (1.7% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $41.2m against liabilities of $7.5m, net assets of $33.7m. It reported 297 employees.