Team Summer

Analysis

Team Summer is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2024, Team Summer reported income of $81k and spending of $135k, spending 167% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $136k to $81k (-41%), an average of -41% a year. The sharpest change came in the year to June 2024, when income dropped by 41%. Over the whole period it spent 133% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Team Summer sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within GA. Charities of a similar size with the same main cause include Fishin for the Cure ($81k), Compassion Tanzania ($81k) and Pasco Sheriffs Charities Inc ($81k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.