The Scan Foundation

Analysis

The Scan Foundation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Scan Foundation reported income of $11.5m and spending of $15.2m, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $16.6m to $11.5m (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2021, when income rose by 253%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Scan Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Stanley Total Living Center Inc ($11.5m), Tomche Shabbos of Rockland County ($11.5m) and YMCA of Southern Nevada ($11.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% of the total. Compensation of current officers, directors and key employees was $2.3m (15% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $259.1m against liabilities of $3.9m, net assets of $255.2m. It reported 27 employees.