Summit Community Care Clinic Inc

Analysis

Summit Community Care Clinic Inc is a registered charity in United States, based in Frisco, CO. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Summit Community Care Clinic Inc reported income of $18.1m and spending of $17.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.7m to $18.1m (+86%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Summit Community Care Clinic Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Greenwood House Home for the Jewish Aged Inc ($18.1m), Mirmont Alcohol Rehabilitation Center ($18.1m) and Net Treatment Services Inc ($18.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $779k (4.5% of expenses). Other salaries and wages came to $6.8m. It paid $17k in professional fundraising fees. At year end it held assets of $7.7m against liabilities of $1.4m, net assets of $6.3m. It reported 170 employees.