Peak Education

Analysis

Peak Education is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in February 1999, 27 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 June 2023, Peak Education reported income of $864k and spending of $974k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $647k to $864k (+34%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peak Education sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Richmond Community College Foundation Inc ($864k), Pipeliners Association of Houston Educational Fund ($864k) and Information Equity Initiative Inc ($864k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $139k (14% of expenses). Other salaries and wages came to $446k. It paid $10k in professional fundraising fees. At year end it held assets of $280k against liabilities of $245k, net assets of $35k. It reported 13 employees.