Friends of Scott Foundation

Analysis

Friends of Scott Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Friends of Scott Foundation reported income of $69k and spending of $81k, spending 118% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $95k to $69k (-27%), an average of -10% a year. The sharpest change came in the year to June 2022, when income dropped by 50%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Scott Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Angel Flight Inc ($69k), Family Saver Center ($69k) and Agape Food Pantry Inc ($69k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $10k, net assets of $7,518.