Scranton Unico Foundation

Analysis

Scranton Unico Foundation is a registered charity in United States, based in Dunmore, PA. It received its IRS tax-exemption ruling in November 1959, 67 years ago. 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 June 2023, Scranton Unico Foundation reported income of $105k and spending of $41k, leaving 61% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $97k to $105k (+8.2%), an average of +8.2% a year. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Scranton Unico Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Little League Baseball Inc ($105k), Twin City Figure Skating Association T C F S a ($105k) and Federation of Community Councils Inc ($105k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $247k against liabilities of $0, net assets of $247k.