Summit in Honduras Inc

Analysis

Summit in Honduras Inc is a registered charity in United States, based in Breckenridge, CO. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Summit in Honduras Inc reported income of $206k and spending of $154k, leaving 25% of income unspent that year. Across the 2 years on record, from September 2021 to September 2023, income fell from $219k to $206k (-5.9%), an average of -5.9% a year. Over the whole period it spent 73% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Summit in Honduras Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include American Friends of the International House of Japan Inc ($206k), Lighthouse Sanctuary ($206k) and Villa Park Rotary Club Non-Profit Corporation ($206k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $284k against liabilities of $0, net assets of $284k.