Summit Academy Secondary School- Middletown

Analysis

Summit Academy Secondary School- Middletown is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in November 2006, 20 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, Summit Academy Secondary School- Middletown reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $1.7m (-24%), an average of -6.6% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summit Academy Secondary School- Middletown sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Iowa Mennonite School ($1.7m), Bay Montessori School Inc ($1.7m) and West Hernando Christian School Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.5% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.