Scott Credit Union Community Foundation

Analysis

Scott Credit Union Community Foundation is a registered charity in United States, based in Edwardsville, IL. It received its IRS tax-exemption ruling in May 2018, 8 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, Scott Credit Union Community Foundation reported income of $195k and spending of $89k, leaving 54% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $286k to $195k (-32%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 35% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scott Credit Union Community Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Houston Engineer Week Commitee ($195k), Blossomtime Scholarship Fund ($195k) and Brooklyn Arbor Pa ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $588k against liabilities of $0, net assets of $588k.