The Scioto County Area Foundation

Analysis

The Scioto County Area Foundation is a registered charity in United States, based in Portsmouth, OH. It received its IRS tax-exemption ruling in May 1974, 52 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, The Scioto County Area Foundation reported income of $8.2m and spending of $1.9m, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.2m to $8.2m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2023, when income rose by 159%. Over the whole period it spent 30% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Scioto County Area 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 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include United Way of Bucks County ($8.2m), University Impact Charitable TR ($8.2m) and Camino Community Development Corporation Inc ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $303k. At year end it held assets of $58.4m against liabilities of $8.1m, net assets of $50.3m. It reported 8 employees.