Summit Journeys Inc

Analysis

Summit Journeys Inc is a registered charity in United States, based in Holladay, UT. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Summit Journeys Inc reported income of $208k and spending of $214k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $185k to $208k (+13%), an average of +13% a year. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Summit Journeys Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within UT. Charities of a similar size with the same main cause include Montclair Swim Team Association Inc ($208k), North Royalton Soccer Club ($208k) and Ojb FC ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. At year end it held assets of $74k against liabilities of $19k, net assets of $55k.