Friends of Boy Scout Troop 224

Analysis

Friends of Boy Scout Troop 224 is a registered charity in United States, based in Lafayette, CA. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Friends of Boy Scout Troop 224 reported income of $945k and spending of $62k, leaving 93% of income unspent that year. Across the 3 years on record, from January 2022 to January 2024, income grew from $191k to $945k (+395%), an average of +122% a year. The sharpest change came in the year to January 2023, when income rose by 487%. Over the whole period it spent 9.2% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of Boy Scout Troop 224 sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Think Big for Kids Inc ($945k), Dustys Fishing Well ($947k) and Center for Behaviorial and Academic Research Inc ($945k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.