Copper Peak Inc

Analysis

Copper Peak Inc is a registered charity in United States, based in Ironwood, MI. It received its IRS tax-exemption ruling in November 1966, 60 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Copper Peak Inc reported income of $448k and spending of $436k, spending 97% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $297k to $448k (+51%), an average of +15% a year. The sharpest change came in the year to March 2023, when income rose by 29%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Copper Peak Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Association of Field Ornithologists Inc ($448k), Ten Sleep Senior Center Inc ($449k) and Jeff Davis Learning Center Inc ($448k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Other salaries and wages came to $77k. At year end it held assets of $1.2m against liabilities of $208k, net assets of $974k. It reported 9 employees.