Scala Foundation a New Jersey Nonprofit Corporation

Analysis

Scala Foundation a New Jersey Nonprofit Corporation is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in October 2016, 10 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 December 2023, Scala Foundation a New Jersey Nonprofit Corporation reported income of $239k and spending of $233k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $239k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Scala Foundation a New Jersey Nonprofit Corporation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Widows Friend Inc ($239k), Your Neighbors House ($239k) and Come As You Are ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $79k (34% of expenses). At year end it held assets of $138k against liabilities of $7,546, net assets of $130k. It reported 1 employees.