Summit Counseling Inc

Analysis

Summit Counseling Inc is a registered charity in United States, based in Bismark, ND. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Counseling Inc reported income of $2.4m and spending of $2.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.4m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Summit Counseling Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within ND. Charities of a similar size with the same main cause include Horizons for the Blind Inc ($2.4m), Jacksonville Speech and Hearing Center Inc ($2.4m) and Chi St Josephs Children ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $164k (6.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $478k against liabilities of $159k, net assets of $319k. It reported 37 employees.