Peak Research Institute

Analysis

Peak Research Institute is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Research Institute reported income of $255k and spending of $308k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $255k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peak Research Institute sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Missouri Community Health Foundation Inc ($255k), Lanier Middle School Dance Booster Club ($255k) and Friends of the Oro Valley Public Library ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $20k (6.4% of expenses). Other salaries and wages came to $59k. At year end it held assets of $39k against liabilities of $3,503, net assets of $36k. It reported 3 employees.