Summit School PAC

Analysis

Summit School PAC is a registered charity in United States, based in Spokane Vly, WA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Summit School PAC reported income of $71k and spending of $49k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $92k to $71k (-23%), an average of -23% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summit School PAC sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 23rd percentile within WA. Charities of a similar size with the same main cause include E J Hayes Alumni Association Inc ($71k), Suzanne C and Henry L Lennard Institute for Livable Cities Inc ($71k) and Pine Creek Elementary PTO ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 92% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.