South Bay Teen Challenge
Analysis
South Bay Teen Challenge is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 1986, 40 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, South Bay Teen Challenge reported income of $1.7m and spending of $1.9m, spending 112% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.6m to $1.7m (+8.0%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 84% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Bay Teen Challenge sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Montrose Community Foundation ($1.7m), Faith Christian School ($1.7m) and Sarah Daft Home ($1.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 6.9% of the total. Other salaries and wages came to $695k. At year end it held assets of $5.6m against liabilities of $490k, net assets of $5.1m. It reported 36 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 6.9%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Montrose Community Foundation | Montrose | $1.7m |
| Faith Christian School | Mesa | $1.7m |
| Sarah Daft Home | Salt Lake Cty | $1.7m |
| Boys & Girls Club of Palm Springs | Palm Springs | $1.7m |