High Peaks Alliance

Analysis

High Peaks Alliance is a registered charity in United States, based in Farmington, ME. It received its IRS tax-exemption ruling in July 2011, 15 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, High Peaks Alliance reported income of $315k and spending of $148k, leaving 53% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $370k to $315k (-15%), an average of -7.8% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 52% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, High Peaks Alliance 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 63rd percentile, and in the 57th percentile within ME. Charities of a similar size with the same main cause include Grand Island Little League Inc ($315k), North Texas Karters Inc ($315k) and Jim and Carol West Foundation ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $86k (58% of expenses). At year end it held assets of $615k against liabilities of $691, net assets of $614k. It reported 1 employees.