Teen Challenge of Nevada Inc

Analysis

Teen Challenge of Nevada Inc is a registered charity in United States, based in Sparks, NV. It received its IRS tax-exemption ruling in August 1998, 28 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 December 2023, Teen Challenge of Nevada Inc reported income of $986k and spending of $1.1m, spending 112% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $892k to $986k (+11%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teen Challenge of Nevada Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within NV. Charities of a similar size with the same main cause include Friends of Yeshivat Mishkan Shelomo Vener Michael Inc ($986k), The Associate Alumnae of Douglas College ($986k) and McDonalds Playworld Community Development Inc ($986k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 53% of the total. Other salaries and wages came to $354k. At year end it held assets of $2.2m against liabilities of $1.7m, net assets of $521k. It reported 22 employees.