Pagosa Peak Open School

Analysis

Pagosa Peak Open School is a registered charity in United States, based in Pagosa SPGS, CO. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pagosa Peak Open School reported income of $2.5m and spending of $2.2m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.5m (+104%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pagosa Peak Open School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Impact Christian Academy Inc ($2.5m), Wildflower Open Classroom ($2.5m) and University of Florida Development Corporation ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Other salaries and wages came to $952k. At year end it held assets of $2.3m against liabilities of $2.3m, net assets of -$7,691. It reported 38 employees.