Lori & David Scott Foundation

Analysis

Lori & David Scott Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 1996, 30 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lori & David Scott Foundation reported income of $5.5m and spending of $978k, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $5.5m (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 780%. Over the whole period it spent 23% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lori & David Scott Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within NE. Charities of a similar size with the same main cause include Halifax Urban Ministries ($5.5m), Developmental Evaluation and Adjustment Facilities Inc ($5.5m) and Family Services Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $39.0m against liabilities of $394k, net assets of $38.6m.