Foundation Scov

Analysis

Foundation Scov is a registered charity in United States, based in Oro Valley, AZ. It received its IRS tax-exemption ruling in August 2000, 26 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 June 2023, Foundation Scov reported income of $63k and spending of $160k, spending 256% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $287k to $63k (-78%), an average of -53% a year. The sharpest change came in the year to June 2022, when income dropped by 73%. Over the whole period it spent 65% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation Scov sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within AZ. Charities of a similar size with the same main cause include Mama Ada Foundation ($63k), Lions Club of Lago Vista Charitable Fund Inc ($63k) and National Charity League-Gateway Chapter ($63k).

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 $106k against liabilities of $0, net assets of $106k.