Scripps Howard Fund

Analysis

Scripps Howard Fund is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 2022, 4 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 December 2023, Scripps Howard Fund reported income of $1.8m and spending of $1.5m, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.4m to $1.8m (+31%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Scripps Howard Fund sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Ferry Family Charitable Foundation ($1.8m), The Marion Institute Inc ($1.8m) and Florida Endowment Foundation for Vocational Rehabilitation Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $384k, net assets of $982k.