Summer Tree Residential Centers Inc

Analysis

Summer Tree Residential Centers Inc is a registered charity in United States, based in Boyne City, MI. It received its IRS tax-exemption ruling in March 1979, 47 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 September 2023, Summer Tree Residential Centers Inc reported income of $7.4m and spending of $7.9m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.3m to $7.4m (+19%), an average of +4.4% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Summer Tree Residential Centers Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Northern Tier Community Action Corp ($7.4m), Semo Alliance for Disability Independence Inc-Fiscal Agent ($7.4m) and Blossom Hill Inc ($7.4m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $127k (1.6% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $4.3m against liabilities of $602k, net assets of $3.7m. It reported 240 employees.