High Peake Inc

Analysis

High Peake Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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, High Peake Inc reported income of $57k and spending of $69k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $57k (+8.1%), an average of +8.1% a year. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, High Peake Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within MD. Charities of a similar size with the same main cause include Friends of the Hopkinton Seniors ($57k), Southwest Arkansas Arts Council Inc ($57k) and Seymour Community Historical Society Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $140k against liabilities of $714k, net assets of -$574k.