Summaeverythang Community Center

Analysis

Summaeverythang Community Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Summaeverythang Community Center reported income of $420k and spending of $55k, leaving 87% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $900k to $420k (-53%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 54% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Summaeverythang Community Center sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Junior League of Lake Charles Inc ($419k), West End Opportunity Partnership ($420k) and Main Street Highland Park ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $31k. At year end it held assets of $1.2m against liabilities of $2,513, net assets of $1.2m. It reported 1 employees.