Mabel & Leo Scott Charitable TR

Analysis

Mabel & Leo Scott Charitable TR is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in April 2006, 20 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mabel & Leo Scott Charitable TR reported income of $113k and spending of $137k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $368k to $113k (-69%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mabel & Leo Scott Charitable TR sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Greenwich Catholic Education Trust Fund ($113k), Rotary Club of Gloucester Foundation Inc ($113k) and Rocky Mountain Ultimate ($113k).

Compensation of current officers, directors and key employees was $574 (0.4% of expenses). At year end it held assets of $834k against liabilities of $0, net assets of $834k.