Scott-Carver Old Threshers Association

Analysis

Scott-Carver Old Threshers Association is a registered charity in United States, based in Jordan, MN. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Scott-Carver Old Threshers Association reported income of $76k and spending of $62k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $55k to $76k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 229%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Scott-Carver Old Threshers Association sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Damariscotta Historical Society ($76k), Historic Port Royal Foundation ($76k) and Vintage Ag Association Inc ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $565k against liabilities of $0, net assets of $565k.