Scott-Carver-Dakota Cap Agency Inc

Analysis

Scott-Carver-Dakota Cap Agency Inc is a registered charity in United States, based in Shakopee, MN. It received its IRS tax-exemption ruling in May 1966, 60 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 September 2023, Scott-Carver-Dakota Cap Agency Inc reported income of $15.2m and spending of $15.1m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $13.0m to $15.2m (+17%), an average of +4.0% a year. The sharpest change came in the year to September 2021, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Scott-Carver-Dakota Cap Agency Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include Child Development Consortium of Los Angeles Inc ($15.2m), Our Daily Bread of Tennessee Inc ($15.2m) and Cadence Care Network ($15.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $237k (1.6% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $9.8m against liabilities of $5.5m, net assets of $4.4m. It reported 212 employees.