Pikes Peak Area Rotary Endowment

Analysis

Pikes Peak Area Rotary Endowment is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 1976, 50 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 June 2024, Pikes Peak Area Rotary Endowment reported income of $152k and spending of $148k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $143k to $152k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 94% 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 Area Rotary Endowment sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include Beyond the Fairways Foundation ($152k), New Mexico Heart Institute Foundation ($152k) and Temple Brith Kodesh Foundation ($152k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% of the total. At year end it held assets of $651k against liabilities of $0, net assets of $651k.