Pikes Peak Best

Analysis

Pikes Peak Best is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Best reported income of $95k and spending of $90k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $95k (-10.0%), an average of -10% a year. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pikes Peak Best sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within CO. Charities of a similar size with the same main cause include Operative Plasterers & Cement Masons Local 29 Apprentice Trainin ($95k), Nick Sheahan Scholarship Fund ($95k) and West Port High School Band Boosters Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.