Ralph Scott Lifeservices Inc
Analysis
Ralph Scott Lifeservices Inc is a registered charity in United States, based in Burlington, NC. It received its IRS tax-exemption ruling in August 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Ralph Scott Lifeservices Inc reported income of $11.1m and spending of $10.4m, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $9.2m to $11.1m (+22%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 88% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ralph Scott Lifeservices Inc 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 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Second Helpings Inc ($11.1m), The Committee for Hispanic Children and Families Inc ($11.1m) and Jewish Community Alliance Inc ($11.1m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $110k (1.1% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $10.6m against liabilities of $532k, net assets of $10.1m. It reported 220 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.8%
- Program services 96%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Second Helpings Inc | Indianapolis | $11.1m |
| The Committee for Hispanic Children and Families Inc | Bronx | $11.1m |
| Jewish Community Alliance Inc | Jacksonville | $11.1m |
| Alianza Nacional de Campesinas Inc | Oxnard | $11.1m |