Adult & Teen Challenge Heartland Inc

Analysis

Adult & Teen Challenge Heartland Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Adult & Teen Challenge Heartland Inc reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $969k to $1.2m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adult & Teen Challenge Heartland Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Mountains and Plains Institute for Lifelong Learning and Service Inc ($1.2m), Miller Foundation ($1.2m) and Foundation for the Ban Ki-Moon Centre ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $169k (14% of expenses). Other salaries and wages came to $327k. At year end it held assets of $1.5m against liabilities of $906k, net assets of $570k. It reported 26 employees.