Challenge School Inc

Analysis

Challenge School Inc is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in January 1997, 29 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, Challenge School Inc reported income of $4.3m and spending of $4.3m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $4.4m to $4.3m (-2.1%), an average of -0.7% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Challenge School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include National Sam Innovation Project Inc ($4.3m), Christian Academy ($4.3m) and Bethel Hill Charter School ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $277k (6.4% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $4.2m against liabilities of $2.6m, net assets of $1.6m. It reported 70 employees.