Peak Health Alliance

Analysis

Peak Health Alliance is a registered charity in United States, based in Fraser, CO. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peak Health Alliance reported income of $118k and spending of $500k, spending 425% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $696k to $118k (-83%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 87%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Peak Health Alliance sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include Orlando Orthopaedic Center Foundation Inc ($118k), Glory Reins Riding School Inc ($118k) and Marisa Fund Inc ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $205k (41% of expenses). Other salaries and wages came to $39k. At year end it held assets of $370k against liabilities of $89k, net assets of $281k. It reported 1 employees.