Peak Abundance

Analysis

Peak Abundance is a registered charity in United States, based in Nederland, CO. It received its IRS tax-exemption ruling in January 2015, 11 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 December 2022, Peak Abundance reported income of $327k and spending of $313k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $151k to $327k (+117%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 112%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peak Abundance sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Riverside Aquatic Club Inc ($327k), PTA California Congress of Parents Teachers & Students Inc ($328k) and Veterans of Armenia ($327k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $163k. At year end it held assets of $317k against liabilities of $18k, net assets of $299k.