Scarsdale Foundation

Analysis

Scarsdale Foundation is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in June 1946, 80 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Scarsdale Foundation reported income of $275k and spending of $217k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $158k to $275k (+74%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 119%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Scarsdale Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Celebrate Great Falls Foundation ($275k), Tri-Creek Education Foundation Inc ($275k) and Ed Nebbins Foundation ($275k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $3.4m against liabilities of $21k, net assets of $3.4m.