Fort Worth Teen Challenge Inc

Analysis

Fort Worth Teen Challenge Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 1983, 43 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, Fort Worth Teen Challenge Inc reported income of $229k and spending of $340k, spending 148% of what it took in. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Worth Teen Challenge Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Neurocritical Care Foundation Inc ($229k), PTA California Congress of Parents Teachers & Students Inc ($229k) and Spokane Braves Hockey Club ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $42k (12% of expenses). Other salaries and wages came to $218k. At year end it held assets of $671k against liabilities of -$6,302, net assets of $678k. It reported 16 employees.