Teen Challenge of East Bay Inc
Analysis
Teen Challenge of East Bay Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 1987, 39 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, Teen Challenge of East Bay Inc reported income of $814k and spending of $901k, spending 111% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $566k to $814k (+44%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 88% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Teen Challenge of East Bay Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Pierce School Extended Day Inc ($814k), Hawaii Chamber of Commerce Foundation ($814k) and Common Good Iowa ($813k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Other salaries and wages came to $199k. At year end it held assets of $901k against liabilities of $201k, net assets of $701k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 47%
- Program services 53%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pierce School Extended Day Inc | Brookline | $814k |
| Hawaii Chamber of Commerce Foundation | Honolulu | $814k |
| Common Good Iowa | Des Moines | $813k |
| The Journey Home Inc | Bartlesville | $814k |