Friends of Scicon

Analysis

Friends of Scicon is a registered charity in United States, based in Springville, CA. It received its IRS tax-exemption ruling in April 1973, 53 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Friends of Scicon reported income of $479k and spending of $81k, leaving 83% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $71k to $479k (+574%), an average of +574% a year. The sharpest change came in the year to June 2023, when income rose by 574%. Over the whole period it spent 25% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Scicon sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Southeastern Climbers Coalition Inc ($479k), Christian Light Academy Inc ($479k) and Nor-Cal Guides and Sportsmens Association ($479k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $852k against liabilities of $3,556, net assets of $849k.