Summer Tuesday Inc

Analysis

Summer Tuesday Inc is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Tuesday Inc reported income of $108k and spending of $107k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $108k (-11%), an average of -11% a year. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Summer Tuesday Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Butte America Foundation ($108k), Fort Riley Spouses Club ($108k) and Greater Cleveland Peace Officers Memorial Society Inc ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 30% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.