Pikes Peak Hospice Foundation

Analysis

Pikes Peak Hospice Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pikes Peak Hospice Foundation reported income of $2.3m and spending of $1.1m, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.3m (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pikes Peak Hospice Foundation sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Farmer Foodshare Inc ($2.3m), Debt Reduction Services Inc ($2.3m) and Men and Women United for Youth and Families Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $206k. At year end it held assets of $23.7m against liabilities of $544k, net assets of $23.1m.