Family Summer Inc

Analysis

Family Summer Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Family Summer Inc reported income of $241k and spending of $246k, spending 102% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $1,000 to $241k (+24048%), an average of +24048% a year. The sharpest change came in the year to August 2023, when income rose by 24048%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Family Summer Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Santa Barbara Alternatives to Violence Project ($241k), Oklahoma Geological Foundation ($242k) and San Francisco Grid Club Inc ($241k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.5% and program service revenue 93% of the total. At year end it held assets of $5,779 against liabilities of $0, net assets of $5,779.