Scioto Society Inc

Analysis

Scioto Society Inc is a registered charity in United States, based in Chillicothe, OH. It received its IRS tax-exemption ruling in December 1970, 56 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 October 2023, Scioto Society Inc reported income of $1.9m and spending of $1.8m, spending 92% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.6m to $1.9m (+21%), an average of +4.9% a year. The sharpest change came in the year to October 2021, when income rose by 1042%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Scioto Society Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Fresh Films ($1.9m), Filmscene ($1.9m) and Voice of San Diego ($1.9m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 16% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $66k (3.7% of expenses). Other salaries and wages came to $556k. At year end it held assets of $2.6m against liabilities of $191k, net assets of $2.4m. It reported 72 employees.