Scott Carter Foundation

Analysis

Scott Carter Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Scott Carter Foundation reported income of $424k and spending of $307k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $424k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Scott Carter Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OK. Charities of a similar size with the same main cause include Boardassist ($424k), Friends of Bethany Hamilton Inc ($424k) and Friends of Grace Church School Brooklyn Heights Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.