Pikes Peak Library District Foundation Inc

Analysis

Pikes Peak Library District Foundation Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 2003, 23 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 2022, Pikes Peak Library District Foundation Inc reported income of $1.3m and spending of $1.3m, spending 108% of what it took in. Across the 4 years on record, from December 2018 to December 2022, income grew from $690k to $1.3m (+81%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pikes Peak Library District Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Emerson School Inc ($1.3m), Saint Marys Nursery School ($1.3m) and Community Education Center Inc ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 127% of the total. Other salaries and wages came to $160k. At year end it held assets of $3.3m against liabilities of $212k, net assets of $3.1m.