Peak Potential

Analysis

Peak Potential is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Peak Potential reported income of $506k and spending of $529k, spending 105% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $199k to $506k (+154%), an average of +154% a year. The sharpest change came in the year to June 2023, when income rose by 154%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peak Potential sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MT. Charities of a similar size with the same main cause include Middleton-Cross Plains Area School District Foundation Inc ($506k), Southeast Community Foundation ($506k) and Valley Alliance of Mentors for ($506k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.1% and program service revenue 90% of the total. Other salaries and wages came to $269k. At year end it held assets of $10k against liabilities of $0, net assets of $10k. It reported 5 employees.