Camp Summit Inc

Analysis

Camp Summit Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Camp Summit Inc reported income of $2.3m and spending of $3.1m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $2.3m (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 105% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Camp Summit Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Florida Leadership Venture Inc ($2.3m), Minds Matter ($2.3m) and Sand & Surf Soccer Club Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $153k (4.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $13.1m against liabilities of $405k, net assets of $12.7m. It reported 121 employees.