Scioto Residential Services Inc

Analysis

Scioto Residential Services Inc is a registered charity in United States, based in Portsmouth, OH. It received its IRS tax-exemption ruling in September 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Scioto Residential Services Inc reported income of $4.2m and spending of $4.4m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.6m to $4.2m (-9.8%), an average of -2.5% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Scioto Residential Services Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Prudence Crandall Center Inc ($4.2m), Hospice of the North Country Inc ($4.2m) and Love Inc of the Tri-Cities ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $92k (2.1% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $5.5m against liabilities of $741k, net assets of $4.8m. It reported 75 employees.