Core of Scottsville and Allen County Inc

Analysis

Core of Scottsville and Allen County Inc is a registered charity in United States, based in Scottsville, KY. It received its IRS tax-exemption ruling in May 2000, 26 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 December 2023, Core of Scottsville and Allen County Inc reported income of $1.8m and spending of $1.2m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.8m (+75%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Core of Scottsville and Allen County Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within KY. Charities of a similar size with the same main cause include Clarion Area Agency on Aging Inc ($1.8m), Ken Anderson Alliance ($1.8m) and Empower Me Center ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. Other salaries and wages came to $547k. At year end it held assets of $5.3m against liabilities of $14k, net assets of $5.3m. It reported 118 employees.