Scott Appalachian Industries

Analysis

Scott Appalachian Industries is a registered charity in United States, based in Huntsville, TN. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Scott Appalachian Industries reported income of $5.0m and spending of $4.3m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $5.0m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Scott Appalachian Industries sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include The USA Track & Field Foundation Inc ($5.0m), Ussa Investment Fund ($5.1m) and North American Camp Trust Inc ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 86% of the total. Compensation of current officers, directors and key employees was $245k (5.6% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $8.3m against liabilities of $335k, net assets of $8.0m. It reported 133 employees.