Scotland Community Development Inc

Analysis

Scotland Community Development Inc is a registered charity in United States, based in Potomac, MD. It received its IRS tax-exemption ruling in December 1967, 59 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Scotland Community Development Inc reported income of $513k and spending of $64k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $409k to $513k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 15% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Scotland Community Development Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include SNHS Elderly Housing III Inc ($513k), Mt Sinai Housing Development Corporation II ($514k) and Affordable Housing Paso Robles ($513k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 86% of the total. At year end it held assets of $8.1m against liabilities of $12k, net assets of $8.1m.