Scott County Community Foundation Inc

Analysis

Scott County Community Foundation Inc is a registered charity in United States, based in Scottsburg, IN. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 September 2023, Scott County Community Foundation Inc reported income of $692k and spending of $662k, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $814k to $692k (-15%), an average of -4.0% a year. The sharpest change came in the year to September 2023, when income dropped by 46%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Scott County Community Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include A Hope to Dream Inc ($691k), Library Foundation of Kanawha County Inc ($693k) and Wpcu Sunshine Community Fund ($691k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 31% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $82k (12% of expenses). Other salaries and wages came to $50k. At year end it held assets of $11.3m against liabilities of $595k, net assets of $10.7m. It reported 4 employees.