Summit Payee Services Inc

Analysis

Summit Payee Services Inc is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Summit Payee Services Inc reported income of $86k and spending of $77k, spending 89% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $51k to $86k (+69%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Summit Payee Services Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MT. Charities of a similar size with the same main cause include The Society of St Vincent de Paul Scared Heart Conference ($86k), Family Life Center of Auglaize County ($86k) and Sai Charities of Austin ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.