Summer Learning Collaborative

Analysis

Summer Learning Collaborative is a registered charity in United States, based in New Castle, DE. It received its IRS tax-exemption ruling in November 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2022, Summer Learning Collaborative reported income of $1.3m and spending of $1.1m, spending 84% of its income. Across the 4 years on record, from October 2019 to October 2022, income fell from $1.3m to $1.3m (-1.4%), an average of -0.5% a year. The sharpest change came in the year to October 2021, when income rose by 40%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Summer Learning Collaborative sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within DE. Charities of a similar size with the same main cause include National Speleological Foundation ($1.3m), Cunningham Foundation ($1.3m) and The Young Mens Christian Association of Idaho Falls Inc ($1.3m).

On its Form 990 for the period ending October 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $113k (11% of expenses). Other salaries and wages came to $636k. At year end it held assets of $857k against liabilities of $7,909, net assets of $849k. It reported 118 employees.