Scarc Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 910,591 | 845,238 | 65,353 | 35.1 | 25% |
| 2021 | 1,007,564 | 843,669 | 163,895 | 44.0 | 26% |
| 2022 | 999,284 | 919,022 | 80,262 | 36.1 | 24% |
| 2023 | 879,376 | 727,179 | 152,197 | 50.5 | 23% |
| 2024 | 1,496,591 | 980,702 | 515,889 | 40.4 | 24% |
In its most recent public year (2024), this organization brought in $515,889 more than it spent. Its reserves stood at about 40.4 months of spending, up from 35.1 in 2020. Staff pay was 24% of spending. $2,436,497 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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