Summit Quest Adventures Inc

Analysis

Summit Quest Adventures Inc is a registered charity in United States, based in Rome, GA. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Summit Quest Adventures Inc reported income of $202k and spending of $226k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $234k to $202k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Summit Quest Adventures Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include Equinoterapia Puerto Rico Inc ($202k), Rise in Spirit ($202k) and Oasis Recovery Community Organization Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $57k (25% of expenses). At year end it held assets of $168k against liabilities of $1,544, net assets of $167k. It reported 1 employees.