Philanthropy & Grantmaking
(T310)
IRS Verified
DX Registered
990 on File
SCRANTON AREA FOUNDATION INC
Financial strength (30%)
86/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of the Scranton Area Foundation is to enhance the quality of life for all people in Lackawanna County through the development of organized philanthropy. The Foundation strives to carry out this mission: As a Steward … by developing and managing permanent endowment funds. As a Grant Maker … by awarding grants and support to enable the community to respond to emerging and changing needs and opportunities. As a Charitable Resource … by encouraging and educating donors and providing a flexible vehicle for individual donors, non-profit organizations and the community-at-large. As a Catalyst … by mobilizing community leadership in response to issues.
Financial Overview — FY 2024
$13.7M
Total Revenue
$10.0M
Total Expenses
$65.9M
Net Assets
21
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.3%
Fundraising Efficiency
N/A
Operating Reserve
79.29x
Liability-to-Asset
10.3%
Revenue Diversification
72.7%
Executive Compensation
$327K
Compared with Peers
FY 2024
Compared with 5,343 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.3% | 90.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.3% | 8.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.3% | 2.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
79.3 mo | 80.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
10.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
72.7% | 89.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
9.6% | 21.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
21.4% | 9.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
27.1% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $13.7M | $10.0M | $65.9M | 89.3% | 21 |
| 2023 | $12.5M | $8.2M | $57.8M | 89.7% | 16 |
| 2022 | $9.2M | $7.7M | $47.6M | 89.8% | 13 |
| 2021 | $12.4M | $5.7M | N/A | — | 9 |
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