Supercomputing Challenge

Analysis

Supercomputing Challenge is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Supercomputing Challenge reported income of $137k and spending of $173k, spending 126% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $353k to $137k (-61%), an average of -38% a year. The sharpest change came in the year to June 2022, when income dropped by 54%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Supercomputing Challenge sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within NM. Charities of a similar size with the same main cause include Space of Her Own Incorporated ($137k), Estes Park Education Foundation Inc ($137k) and Local 137 Nicholas Signorelli Sr Scholarship Fund Inc ($137k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.3% of the total. At year end it held assets of $162k against liabilities of $362, net assets of $162k.