Summit Football Alumni Association Inc

Analysis

Summit Football Alumni Association Inc is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Summit Football Alumni Association Inc reported income of $103k and spending of $141k, spending 136% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $100k to $103k (+3.6%), an average of +3.6% a year. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summit Football Alumni Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Public Notice Resource Center Inc ($103k), Roosevelt Wilson Washington Irving Kelly Miller RCBHS Alumni & Friend ($103k) and Central High School Parent Advisory Council ($103k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 14% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.