Summerfield Charter Academy Parent Leadership Team Inc

Analysis

Summerfield Charter Academy Parent Leadership Team Inc is a registered charity in United States, based in Summerfield, NC. It received its IRS tax-exemption ruling in January 2015, 11 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 June 2023, Summerfield Charter Academy Parent Leadership Team Inc reported income of $64k and spending of $58k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $56k to $64k (+13%), an average of +13% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summerfield Charter Academy Parent Leadership Team Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within NC. Charities of a similar size with the same main cause include Napfa Consumer Education Foundation ($64k), Gamma Chi Chapter Foundation for Education Inc ($64k) and Sprayberry High School Yellow Jacket Diamond Club Inc ($64k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.