Pikes Peak Auto Hill Climb Educational Museum Inc

Analysis

Pikes Peak Auto Hill Climb Educational Museum Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in June 1989, 37 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Pikes Peak Auto Hill Climb Educational Museum Inc reported income of $2.1m and spending of $2.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.1m (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pikes Peak Auto Hill Climb Educational Museum Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Pacific Crest Youth Arts Organization ($2.1m), Success Institute ($2.1m) and Global Nomads Group Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $2.5m against liabilities of $423k, net assets of $2.0m.