Scte Foundation Inc

Analysis

Scte Foundation Inc is a registered charity in United States, based in Doylestown, PA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Scte Foundation Inc reported income of $233k and spending of $155k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $171k to $233k (+37%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scte Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Team Up Philly ($233k), Pioneer Place IV Inc ($233k) and Los Angeles County African American Employees Association ($233k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $3.7m against liabilities of $5,350, net assets of $3.7m.