Pikes Peak Range Riders Foundation

Analysis

Pikes Peak Range Riders Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Pikes Peak Range Riders Foundation reported income of $527k and spending of $405k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $612k to $527k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pikes Peak Range Riders Foundation 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 71st percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include LA Gonave Haiti Partners Inc ($526k), Celebrity Waiters Luncheon ($527k) and Community Education Foundation of Port Washington-Saukville Inc ($525k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 31% of the total. At year end it held assets of $2.7m against liabilities of $47k, net assets of $2.7m.