The Peak School Inc

Analysis

The Peak School Inc is a registered charity in United States, based in Queen Creek, AZ. It received its IRS tax-exemption ruling in September 2003, 23 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, The Peak School Inc reported income of $66k and spending of $622k, spending 944% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $66k (-96%), an average of -55% a year. The sharpest change came in the year to June 2023, when income dropped by 95%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Peak School Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within AZ. Charities of a similar size with the same main cause include PTA Tennessee Congress of Parents & Teachers Inc ($66k), Red Pine Parent Teacher Organiazation ($66k) and Education Foundation of the Forest Lake Area ($66k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.9% and program service revenue 92% of the total. Other salaries and wages came to $522k. At year end it held assets of $180k against liabilities of $3,917, net assets of $176k. It reported 19 employees.