Challenging Racism

Analysis

Challenging Racism is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Challenging Racism reported income of $110k and spending of $170k, spending 154% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income fell from $215k to $110k (-49%), an average of -28% a year. The sharpest change came in the year to August 2023, when income dropped by 41%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Challenging Racism sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Fop Shop with a Cop Inc ($110k), Central Community Foundation ($110k) and Lake Area Ministries Inc ($110k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 5.8% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $90k (53% of expenses). Other salaries and wages came to $42k. At year end it held assets of $75k against liabilities of $1,378, net assets of $73k. It reported 3 employees.