Pikes Peak State College Foundation Inc

Analysis

Pikes Peak State College Foundation Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pikes Peak State College Foundation Inc reported income of $3.4m and spending of $1.7m, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.4m (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 128%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pikes Peak State College Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include Student Leadership Academy of Venice Inc ($3.4m), St Landry Primary Inc ($3.4m) and Idaho Science and Technology Charter School Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $6.8m against liabilities of $727k, net assets of $6.1m.