Challenge Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,173,120 | 1,300,368 | −127,248 | 108.8 | 23% |
| 2013 | 3,806,152 | 1,744,227 | 2,061,925 | 101.1 | 16% |
| 2014 | 3,621,444 | 1,858,034 | 1,763,410 | 105.5 | 17% |
| 2015 | 3,575,916 | 2,062,672 | 1,513,244 | 103.5 | 14% |
| 2016 | 1,810,765 | 1,922,133 | −111,368 | 109.8 | 17% |
| 2017 | 3,036,597 | 1,773,069 | 1,263,528 | 130.0 | 26% |
| 2018 | 3,447,515 | 1,908,648 | 1,538,867 | 128.5 | 23% |
| 2019 | 2,501,506 | 1,647,431 | 854,075 | 146.1 | 19% |
| 2020 | 1,206,371 | 1,528,579 | −322,208 | 12.1 | 21% |
| 2021 | 1,562,031 | 1,333,913 | 228,118 | 15.9 | 24% |
| 2022 | 1,824,431 | 1,305,278 | 519,153 | 21.1 | 27% |
| 2023 | 5,010,246 | 1,642,014 | 3,368,232 | 40.9 | 36% |
In its most recent public year (2023), this organization brought in $3,368,232 more than it spent. Its reserves stood at about 40.9 months of spending, down from 108.8 in 2012. Staff pay was 36% of spending. $4,019,509 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Challenge Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works