I'm biased to pile on too social science studies but the study in question made efforts to address these considerations.
From another article [0]:
"On average, scouts and guides were 15 per cent less likely to
have developed mental illness or depression by middle age,
even those from poorer backgrounds whose initial risk was higher."
Wealth correlates with parental involvement but not at 1.0 - in other words, if parental involvement is a confounding variable (most likely given its established effect on mental health), correcting for wealth won't eliminate it.