Medgar and Angela Scott Foundation

Analysis

Medgar and Angela Scott Foundation is a registered charity in United States, based in Vicksburg, MS. It received its IRS tax-exemption ruling in November 2021, 5 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, Medgar and Angela Scott Foundation reported income of $117k and spending of $416k, spending 356% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $170k to $117k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 290% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Medgar and Angela Scott Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within MS. Charities of a similar size with the same main cause include Community Cafe ($117k), Sunset Foundation Inc ($117k) and Aberdeen Senior Citizens of Bingham County Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $546k, net assets of -$546k.