Scalawag
Analysis
Scalawag is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Scalawag reported income of $914k and spending of $1.8m, spending 192% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $914k (+374%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 134%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Scalawag sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include San Dieguito Academy Foundation ($914k), Led Better Inc ($915k) and Southeast Michigan Center for Medical Education ($914k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $104k (5.9% of expenses). Other salaries and wages came to $326k. At year end it held assets of $246k against liabilities of $266k, net assets of -$20k. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 6.1%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| San Dieguito Academy Foundation | Encinitas | $914k |
| Led Better Inc | Las Vegas | $915k |
| Southeast Michigan Center for Medical Education | Rochester Hills | $914k |
| W B Collins Early Learning Project | Tucson | $915k |