Adult and Teen Challenge of Arkansas Inc

Analysis

Adult and Teen Challenge of Arkansas Inc is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in March 1971, 55 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Adult and Teen Challenge of Arkansas Inc reported income of $1.1m and spending of $1.2m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $984k to $1.1m (+16%), an average of +3.9% a year. The sharpest change came in the year to September 2020, when income rose by 41%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Adult and Teen Challenge of Arkansas Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within AR. Charities of a similar size with the same main cause include Scientific Adventures ($1.1m), Suncoast Youth for Christ Inc ($1.1m) and Whole Child International ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 42% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $194k (16% of expenses). Other salaries and wages came to $276k. At year end it held assets of $1.3m against liabilities of $290k, net assets of $995k. It reported 34 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.