Rhode Island Boy Scouts

Analysis

Rhode Island Boy Scouts is a registered charity in United States, based in Cranston, RI. It received its IRS tax-exemption ruling in November 1965, 61 years ago. 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, Rhode Island Boy Scouts reported income of $1.1m and spending of $1.3m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.1m (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2023, when income rose by 476%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rhode Island Boy Scouts sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 76th percentile within RI. Charities of a similar size with the same main cause include Thunderbolt Council Inc ($1.1m), Wipe Out Kids Cancer Inc ($1.1m) and St Vincent de Paul Store of Houma ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $13.7m against liabilities of $6,617, net assets of $13.7m.