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Peak to Peak Charter Schools Inc

RegisteredEIN 84-1462870Lafayette, COEducation and training
Income$24.5m2023-06
Spending$23.2msame year
Spent / received94%5-year average
Size in its cause97th pctEducation and training
Exempt since1999School
Employees289latest return

Analysis

Peak to Peak Charter Schools Inc is a registered charity in United States, based in Lafayette, CO. It received its IRS tax-exemption ruling in March 1999, 27 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, Peak to Peak Charter Schools Inc reported income of $24.5m and spending of $23.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.7m to $24.5m (+25%), an average of +5.6% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peak to Peak Charter Schools Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Community Partnership Charter School ($24.5m), Alaska Pacific University ($24.6m) and Montana Higher Education Student Assistance Corporation ($24.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $216k (0.9% of expenses). Other salaries and wages came to $11.2m. At year end it held assets of $47.2m against liabilities of $44.5m, net assets of $2.7m. It reported 289 employees.

Income and spending

$0$6.1m$12.3m$18.4m$24.5m2019 Income: $19,695,3492019 Spending: $18,124,48720192020 Income: $19,826,5182020 Spending: $18,551,09020202021 Income: $19,765,7402021 Spending: $18,814,62920212022 Income: $22,203,1702022 Spending: $21,408,87820222023 Income: $24,529,5822023 Spending: $23,172,5282023
IncomeSpending

Where the income comes from

  • Contributions & grants 91%
  • Program services 7.9%
  • Other 1.5%

Similar-sized charities, same cause

CharityLocationIncome
Community Partnership Charter SchoolBrooklyn$24.5m
Alaska Pacific UniversityAnchorage$24.6m
Montana Higher Education Student Assistance CorporationHelena$24.5m
Hardy Williams Academy Charter SchoolPhiladelphia$24.6m