Summit Academy Community School for Alternative Learners

Analysis

Summit Academy Community School for Alternative Learners is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Summit Academy Community School for Alternative Learners reported income of $2.6m and spending of $2.8m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.6m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summit Academy Community School for Alternative Learners sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Anchor Schools Inc ($2.6m), Hepatitis Education Project ($2.6m) and Connecticut State Building Trades Training Institute Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.