Summit Academy Secondary School - Youngstown

Analysis

Summit Academy Secondary School - Youngstown 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 Secondary School - Youngstown reported income of $3.4m and spending of $3.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $3.4m (+3.2%), an average of +0.8% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summit Academy Secondary School - Youngstown sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Cheder Lubavitch Arizona ($3.4m), Sharon Academy ($3.4m) and Village of Excellence Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.7% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.