Challenge the Stats

Analysis

Challenge the Stats is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 the Stats reported income of $59k and spending of $62k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $65k to $59k (-9.6%), an average of -4.9% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Challenge the Stats sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within GA. Charities of a similar size with the same main cause include The Texas Military Forces Historical Foundation ($59k), Wisconsin Canoe Museum ($59k) and Cape Fear Chorale Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.