Lithuanian Scouts Association

Analysis

Lithuanian Scouts Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1967, 59 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Lithuanian Scouts Association reported income of $604k and spending of $604k, spending 100% of its income. Across the 5 years on record, from December 2018 to December 2023, income fell from $706k to $604k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lithuanian Scouts Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Blythewood Historical Society ($604k), National Food and Beverage Foundation ($604k) and Star Struck Productions ($604k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 55% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.