Pikes Peak Makerspace

Analysis

Pikes Peak Makerspace is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Pikes Peak Makerspace reported income of $111k and spending of $97k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $111k (+1.2%), an average of +1.2% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pikes Peak Makerspace sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within CO. Charities of a similar size with the same main cause include Florida Adult and Technical Distance Education Consortium Inc ($111k), Fallen Officer Fund of Douglascounty Foundation ($111k) and Jan Stephensons Crossroads Foundation Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.1% of the total. At year end it held assets of $67k against liabilities of $17k, net assets of $51k.