Summit Mission Alliance

Analysis

Summit Mission Alliance is a registered charity in United States, based in Dillon, CO. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Summit Mission Alliance reported income of $137k and spending of $85k, leaving 38% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $99k to $137k (+38%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 38%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Summit Mission Alliance sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include International Congress of Churches and Ministers ($137k), Shri Radha Bihari Hindu Temple ($137k) and Journey Church Inc ($136k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 12% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.