Scherrer Cares Inc

Analysis

Scherrer Cares Inc is a registered charity in United States, based in Burlington, WI. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Scherrer Cares Inc reported income of $113k and spending of $67k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $113k (+13%), an average of +13% a year. Over the whole period it spent 59% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Scherrer Cares Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within WI. Charities of a similar size with the same main cause include Institute for Civility in Government ($113k), Wow - We Care Charity Inc ($113k) and Hastings Education Foundation Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $350k against liabilities of $7,229, net assets of $343k.