SCS Store Inc

Analysis

SCS Store Inc is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, SCS Store Inc reported income of $1.1m and spending of $1.1m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $639k to $1.1m (+70%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 61%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, SCS Store Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Dbi Partnership Inc ($1.1m), Catholic Radio Network Inc ($1.1m) and Foundation for Theological Education ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $453k. At year end it held assets of -$13k against liabilities of $17k, net assets of -$30k. It reported 27 employees.