Scotty Fund Inc

Analysis

Scotty Fund Inc is a registered charity in United States, based in Bethel, CT. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Scotty Fund Inc reported income of $307k and spending of $336k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $307k (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Scotty Fund Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within CT. Charities of a similar size with the same main cause include 1018 Strategy ($307k), All Is Well Family Practice ($307k) and Connecticut Worker Center ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $943k against liabilities of $0, net assets of $943k.