Champion the Challenges

Analysis

Champion the Challenges is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 the Challenges reported income of $105k and spending of $80k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $105k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Champion the Challenges sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Jasper County Community Food Bank ($105k), A Leg Forever ($105k) and I Support the 1 ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 14% of the total. At year end it held assets of $93k against liabilities of $2,616, net assets of $91k.