Summit Academy Community School - Cincinnati

Analysis

Summit Academy Community School - Cincinnati is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Summit Academy Community School - Cincinnati reported income of $2.1m and spending of $2.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $2.1m (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summit Academy Community School - Cincinnati sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Dallas International University ($2.1m), Propel Schools Foundation ($2.1m) and Good Shepherd Montessori School Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.