Scentsy Family Foundation Inc

Analysis

Scentsy Family Foundation Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in June 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, Scentsy Family Foundation Inc reported income of $604k and spending of $554k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $285k to $604k (+112%), an average of +112% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Scentsy Family Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within ID. Charities of a similar size with the same main cause include Jewish Federation of Broome County Inc ($604k), Uplift Foundation ($604k) and Black Joy Parade ($603k).

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 $55k against liabilities of $0, net assets of $55k.