Little Peaks Inc

Analysis

Little Peaks Inc is a registered charity in United States, based in Keene, NY. It received its IRS tax-exemption ruling in August 1996, 30 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, Little Peaks Inc reported income of $992k and spending of $236k, leaving 76% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $224k to $992k (+343%), an average of +110% a year. The sharpest change came in the year to June 2022, when income rose by 454%. Over the whole period it spent 16% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Peaks 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 75th percentile within NY. Charities of a similar size with the same main cause include Associates for Biblical Research ($992k), Guilford Education Alliance Inc ($992k) and Reach Success Inc ($992k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $66k (28% of expenses). Other salaries and wages came to $62k. At year end it held assets of $2.5m against liabilities of $32k, net assets of $2.4m. It reported 4 employees.