Summer Search

Analysis

Summer Search is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in January 1990, 36 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 September 2023, Summer Search reported income of $23.5m and spending of $22.9m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $20.2m to $23.5m (+16%), an average of +3.9% a year. The sharpest change came in the year to September 2021, when income rose by 84%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Summer Search sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Veterans Inc ($23.5m), Heart of Texas Workforce Development Board Inc ($23.6m) and Urac ($23.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $568k (2.5% of expenses). Other salaries and wages came to $13.3m. At year end it held assets of $34.3m against liabilities of $3.7m, net assets of $30.6m. It reported 200 employees.