Friends of Peak to Peak Inc

Analysis

Friends of Peak to Peak Inc is a registered charity in United States, based in Lafayette, CO. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Peak to Peak Inc reported income of $446k and spending of $477k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $480k to $446k (-7.0%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Peak to Peak Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within CO. Charities of a similar size with the same main cause include Clear Creek Education Foundation ($446k), Inver Hills Community College Foundation ($446k) and Romanza St Augustine Inc ($446k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.