Summer of Sass Inc

Analysis

Summer of Sass Inc is a registered charity in United States, based in Provincetown, MA. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Summer of Sass Inc reported income of $186k and spending of $341k, spending 183% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $3.9m to $186k (-95%), an average of -95% a year. The sharpest change came in the year to December 2023, when income dropped by 95%. Over the whole period it spent 12% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Summer of Sass Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Brentwood Oakley Football and Cheer Norcal Wolverines ($186k), Future Stars ($186k) and Tamalpais High School Boosters Club ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $80k (23% of expenses). At year end it held assets of $3.7m against liabilities of $18k, net assets of $3.7m. It reported 1 employees.