Skaggs Foundation

Analysis

Skaggs Foundation is a registered charity in United States, based in Branson, MO. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Skaggs Foundation reported income of $1.6m and spending of $2.0m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $1.6m (-41%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 230%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Skaggs Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Exodus Outreach Foundation Inc ($1.6m), Fighting Back Partnership ($1.6m) and Unleashed Phoenix Corp ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $118k (5.9% of expenses). Other salaries and wages came to $129k. At year end it held assets of $45.2m against liabilities of $746k, net assets of $44.5m. It reported 4 employees.