Scots for Youth Inc

Analysis

Scots for Youth Inc is a registered charity in United States, based in Laurinburg, NC. It received its IRS tax-exemption ruling in June 1984, 42 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 June 2023, Scots for Youth Inc reported income of $261k and spending of $249k, spending 95% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $247k to $261k (+6.0%), an average of +6.0% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Scots for Youth Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include The Brewster Baseball Club Inc ($261k), Miliani High School Music Booster Club ($261k) and Albanian American National Organization Scholarship Fund Inc ($261k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $61k (25% of expenses). Other salaries and wages came to $115k. At year end it held assets of $17k against liabilities of $0, net assets of $17k. It reported 6 employees.