Scoa Cares Inc

Analysis

Scoa Cares Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Scoa Cares Inc reported income of $5.7m and spending of $366k, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $5.7m (+2222%), an average of +120% a year. The sharpest change came in the year to December 2023, when income rose by 2209%. Over the whole period it spent 25% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Scoa Cares Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within SC. Charities of a similar size with the same main cause include Adventhealth Family Medicine Rural Health Clinics Inc ($5.7m), Healthhiv ($5.7m) and Sutter Medical Center Foundation ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $5.7m against liabilities of $0, net assets of $5.7m.