Parents Challenge

Analysis

Parents Challenge is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Parents Challenge reported income of $1.1m and spending of $941k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $488k to $1.1m (+135%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 82%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parents Challenge sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Sarsef-Southern Arizona Research Science and Engineering Foundation ($1.1m), L Enfant Education Association Inc ($1.1m) and Holy Angels Academy Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $108k (11% of expenses). Other salaries and wages came to $94k. It paid $7,577 in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $178k, net assets of $1.1m. It reported 3 employees.