Summer Place Inc

Analysis

Summer Place Inc is a registered charity in United States, based in Ontario, CA. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Summer Place Inc reported income of $1.1m and spending of $835k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $516k to $1.1m (+114%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Summer Place Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Imagine Black Futures ($1.1m), Meriden-Wallingford Chrysalis Inc ($1.1m) and Gathering for Women - Monterey ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $110k (13% of expenses). Other salaries and wages came to $409k. At year end it held assets of $1.2m against liabilities of $13k, net assets of $1.1m. It reported 13 employees.