The Pontotoc County Peak Inc

Analysis

The Pontotoc County Peak Inc is a registered charity in United States, based in Ada, OK. It received its IRS tax-exemption ruling in May 1974, 52 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, The Pontotoc County Peak Inc reported income of $198k and spending of $145k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $275k to $198k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2023, when income rose by 458%. Over the whole period it spent 134% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Pontotoc County Peak Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within OK. Charities of a similar size with the same main cause include Detroit Creativity Project ($198k), Meals on Wheels Santa Maria Valley Inc ($198k) and Jasmine Rhose Foundation Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.5% of the total. Other salaries and wages came to $12k. At year end it held assets of $680k against liabilities of $168k, net assets of $512k. It reported 2 employees.