Scenic Acres

Analysis

Scenic Acres is a registered charity in United States, based in Saint Olaf, IA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Scenic Acres reported income of $3.9m and spending of $3.1m, leaving 22% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.6m to $3.9m (+54%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Scenic Acres sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IA. Charities of a similar size with the same main cause include Meals on Wheels North Central Texas Inc ($3.9m), Southern Iowa Resources for Families Inc ($3.9m) and Elea Institute ($3.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $128k (4.2% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $4.0m against liabilities of $300k, net assets of $3.7m. It reported 61 employees.