Summer Institute Inc

Analysis

Summer Institute Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Summer Institute Inc reported income of $276k and spending of $212k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $191k to $276k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summer Institute Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Onekid Oneworld Inc ($276k), Florida Initiative for Suicide Prevention Inc ($276k) and Launch Learning Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $45k (21% of expenses). At year end it held assets of $216k against liabilities of $0, net assets of $216k. It reported 11 employees.