Summit View School

Analysis

Summit View School is a registered charity in United States, based in Sherman Oaks, CA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Summit View School reported income of $6.6m and spending of $6.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.9m to $6.6m (-17%), an average of -4.6% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summit View School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Towers Home Care and Rehabilitation Services Inc ($6.6m), Bayou Community Academy Inc ($6.6m) and The New York City Center for Charter School Excellence ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $64k (1.0% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $8.7m against liabilities of $441k, net assets of $8.3m. It reported 48 employees.