Peak Performance Sports & Development Foundation Inc

Analysis

Peak Performance Sports & Development Foundation Inc is a registered charity in United States, based in Johns Creek, GA. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Performance Sports & Development Foundation Inc reported income of $97k and spending of $71k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $97k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Peak Performance Sports & Development Foundation Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Wilsonville Basketball Association ($97k), Mountain Area Fair Association ($97k) and Airtime BMX Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $4,270 against liabilities of $28k, net assets of -$24k.