Challenge for Charity Inc

Analysis

Challenge for Charity Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in September 2021, 5 years ago. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Challenge for Charity Inc reported income of $640k and spending of $634k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $637k to $640k (+0.4%), an average of +0.4% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Challenge for Charity Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within AZ. Charities of a similar size with the same main cause include Milton Youth Hockey Inc ($640k), Youth for Christ USA Inc ($640k) and Wounded Warriors ($640k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.