South Summit Trails Foundation

Analysis

South Summit Trails Foundation is a registered charity in United States, based in Oakley, UT. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, South Summit Trails Foundation reported income of $206k and spending of $124k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $206k (+166%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Summit Trails Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within UT. Charities of a similar size with the same main cause include Spring Valley Athletic Booster Club Inc ($206k), Lexington Challenger Tennis Charity Inc ($206k) and Ozark Off Road Cyclists Oorc ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $211k against liabilities of $0, net assets of $211k.