Peak Community Services Inc

Analysis

Peak Community Services Inc is a registered charity in United States, based in Logansport, IN. It received its IRS tax-exemption ruling in July 1956, 70 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Peak Community Services Inc reported income of $9.2m and spending of $8.3m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $9.2m (+47%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 17%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peak Community Services Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Union Mission ($9.2m), Hospice of West Alabama Inc ($9.2m) and Threshold Coc ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $248k (3.0% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $14.9m against liabilities of $759k, net assets of $14.2m. It reported 321 employees.