Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Bangor, ME. 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, Boy Scouts of America reported income of $1.2m and spending of $1.3m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.2m (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2021, when income rose by 130%. 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, Boy Scouts of America 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 81st percentile, and in the 79th percentile within ME. Charities of a similar size with the same main cause include Monroe County Shelter Care Inc ($1.2m), Law Enforcement & Emergency Services Video Association ($1.2m) and College of Optometrists in Vision Development ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 56% of the total. Other salaries and wages came to $532k. At year end it held assets of $7.1m against liabilities of $404k, net assets of $6.7m. It reported 69 employees.