Summit Health Foundation

Analysis

Summit Health Foundation is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Summit Health Foundation reported income of $2.0m and spending of $1.8m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $2.0m (+92%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 5796%. Over the whole period it spent 9.7% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Summit Health Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Eastern Middlesex Alcoholism Services Inc ($2.0m), Jenna Tatro Memorial Fund ($2.0m) and Living Free Health & Fitness a Non-Profit Corp ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 13% of the total. It paid $35k in professional fundraising fees. At year end it held assets of $66.0m against liabilities of $15k, net assets of $65.9m.