Champion Ministries Inc

Analysis

Champion Ministries Inc is a registered charity in United States, based in Castle Rock, CO. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Champion Ministries Inc reported income of $4.2m and spending of $4.8m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $4.2m (+151%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 106% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Champion Ministries Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Boys and Girls Clubs of Thurston County ($4.2m), Boys and Girls Clubs of Greater Conejo Valley Inc ($4.2m) and Youth for Christ USA Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $159k (3.3% of expenses). Other salaries and wages came to $705k. At year end it held assets of $538k against liabilities of $154k, net assets of $383k. It reported 22 employees.