Scott County Partnership Inc

Analysis

Scott County Partnership Inc is a registered charity in United States, based in Scottsburg, IN. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Scott County Partnership Inc reported income of $2.1m and spending of $2.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $2.1m (+93%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Scott County Partnership Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Black Leaders Detroit ($2.1m), Austin Economic Development Cor ($2.1m) and Technology for Rural Enhancement of Communities ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $83k (4.0% of expenses). Other salaries and wages came to $653k. At year end it held assets of $399k against liabilities of $99k, net assets of $300k. It reported 47 employees.