Challenge Outreach
Analysis
Challenge Outreach is a registered charity in United States, based in Luling, LA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2020, Challenge Outreach reported income of $219k and spending of $195k, spending 89% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $216k to $219k (+1.6%), an average of +1.6% a year. Over the whole period it spent 89% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Challenge Outreach sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within LA. Charities of a similar size with the same main cause include Christian Womens Job Corp of Madison County Alabama Inc ($219k), Black Achievement Fund Inc ($219k) and New Growth Project ($219k).
On its Form 990 for the period ending December 2020, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $81k (42% of expenses). Other salaries and wages came to $39k. At year end it held assets of $234k against liabilities of $3,953, net assets of $230k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Christian Womens Job Corp of Madison County Alabama Inc | Huntsville | $219k |
| Black Achievement Fund Inc | Atlanta | $219k |
| New Growth Project | Rockford | $219k |
| R I Hospitality Education Foundation | Cranston | $220k |