Nova Scriptscentral Inc

Analysis

Nova Scriptscentral Inc is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in September 2006, 20 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, Nova Scriptscentral Inc reported income of $3.6m and spending of $3.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.6m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nova Scriptscentral Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Community Connections Inc ($3.6m), Womens Foundation for a Greater Memphis ($3.6m) and Global Children Services Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $116k (3.3% of expenses). Other salaries and wages came to $430k. At year end it held assets of $2.3m against liabilities of $56k, net assets of $2.3m. It reported 12 employees.