Summerwood Stingrays

Analysis

Summerwood Stingrays is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Summerwood Stingrays reported income of $59k and spending of $54k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $29k to $59k (+102%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Summerwood Stingrays sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Amateur Athletic Union of the United States ($59k), New London Girls Youth Softball Association ($59k) and Northeast Texas Trail ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.