Sceptre Foundation Inc

Analysis

Sceptre Foundation Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Sceptre Foundation Inc reported income of $140k and spending of $130k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $267k to $140k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sceptre Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within LA. Charities of a similar size with the same main cause include Verathon Academy Inc ($140k), Global Foundation for Dental & Mental Healthcare and Awareness in ($140k) and San Antonio Japanese Companies Association ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $269k against liabilities of $130k, net assets of $139k.