Scottish Cultural Outreach Foundation

Analysis

Scottish Cultural Outreach Foundation is a registered charity in United States, based in Swansboro, NC. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Scottish Cultural Outreach Foundation reported income of $69k and spending of $94k, spending 137% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $69k (-9.4%), an average of -9.4% a year. Over the whole period it spent 123% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Scottish Cultural Outreach Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Movikarma ($69k), Refuge Sports Inc ($69k) and William W Ziskin BRTC Scholarship Foundation Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $709 against liabilities of $18k, net assets of -$17k.