Summit Health Institute for Research and Education Inc

Analysis

Summit Health Institute for Research and Education Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Summit Health Institute for Research and Education Inc reported income of $81k and spending of $79k, spending 97% of its income. Across the 5 years on record, from September 2018 to December 2023, income fell from $455k to $81k (-82%), an average of -35% a year. The sharpest change came in the year to September 2020, when income dropped by 52%. 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, Summit Health Institute for Research and Education Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 16th percentile within DC. Charities of a similar size with the same main cause include Spoede School Association ($81k), Hempfield Area Football Parents Club ($81k) and International Foundation for SKK University Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,486 against liabilities of $0, net assets of $4,486.