Family Summits Inc

Analysis

Family Summits Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 September 2023, Family Summits Inc reported income of $268k and spending of $435k, spending 162% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $326k to $268k (-18%), an average of -18% a year. The sharpest change came in the year to September 2023, when income dropped by 18%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Family Summits Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include A Just World ($268k), Pawtastic Friends Inc ($268k) and 2nd Chance Dog Rescue ($268k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. At year end it held assets of $105k against liabilities of $442, net assets of $104k.