Challenge Air for Kids and Friends Inc

Analysis

Challenge Air for Kids and Friends Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 2022, 4 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 December 2023, Challenge Air for Kids and Friends Inc reported income of $597k and spending of $537k, spending 90% of its income. Across the 5 years on record, from December 2017 to December 2023, income grew from $465k to $597k (+28%), an average of +6.5% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Challenge Air for Kids and Friends Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Camp of Champions USA Ltd ($597k), Girls on the Run NJ East ($598k) and Camp Wingmann Inc ($597k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $108k (20% of expenses). Other salaries and wages came to $51k. At year end it held assets of $170k against liabilities of $33k, net assets of $137k. It reported 4 employees.