Peak 7 Adventures

Analysis

Peak 7 Adventures is a registered charity in United States, based in Mead, WA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Peak 7 Adventures reported income of $433k and spending of $494k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $565k to $433k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Peak 7 Adventures sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include Rostro de Cristo Inc ($433k), For the Love of Africa Ministries Inc ($433k) and Tribulation & Trust Ministry Inc ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 29% of the total. Other salaries and wages came to $224k. At year end it held assets of $421k against liabilities of $19k, net assets of $402k. It reported 19 employees.