Summit School Booster Association
Analysis
Summit School Booster Association is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in September 1998, 28 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 December 2023, Summit School Booster Association reported income of $92k and spending of $80k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $92k (+1.1%), an average of +1.1% a year. Over the whole period it spent 89% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Summit School Booster Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Larue County Band Boosters Inc ($92k), Ali Kemp Educational Foundation ($92k) and Weston Memorial Fund ($92k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 66%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Larue County Band Boosters Inc | Hodgenville | $92k |
| Ali Kemp Educational Foundation | Overland Park | $92k |
| Weston Memorial Fund | East Sandwich | $92k |
| General John Nixon PTO Inc | Sudbury | $92k |