Scott Community College Foundation

Analysis

Scott Community College Foundation is a registered charity in United States, based in Riverdale, IA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Scott Community College Foundation reported income of $402k and spending of $284k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $698k to $402k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Scott Community College Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within IA. Charities of a similar size with the same main cause include United States Armor Association ($402k), Delta Research Education and Development Foundation ($403k) and The 100 Club of Southeast Texas ($402k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $4.5m against liabilities of $3,162, net assets of $4.4m.