Summit Academy Transition High School-Cincinnati

Analysis

Summit Academy Transition High School-Cincinnati is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in December 2008, 18 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 Transition High School-Cincinnati reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.2m (-2.1%), an average of -0.5% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summit Academy Transition High School-Cincinnati sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Judd Hill Foundation ($1.2m), Street Food Institute ($1.2m) and Australian Universities & Schools USA Foundation Inc ($1.2m).

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.