Scott Community Foundation

Analysis

Scott Community Foundation is a registered charity in United States, based in Scott City, KS. It received its IRS tax-exemption ruling in November 1985, 41 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, Scott Community Foundation reported income of $2.0m and spending of $2.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.0m (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Scott Community Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within KS. Charities of a similar size with the same main cause include Providence St Joseph Health Foundation ($2.0m), United Way of Tompkins County Inc ($2.0m) and Imogene & Harold Herndon Char Tr-I ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $107k (5.4% of expenses). Other salaries and wages came to $107k. At year end it held assets of $10.8m against liabilities of $646k, net assets of $10.1m. It reported 4 employees.