Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Raymond, 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 $1.1m and spending of $1.5m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.1m (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2021, when income rose by 244%. Over the whole period it spent 123% 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 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within ME. Charities of a similar size with the same main cause include Boy Scouts of America ($1.1m), Without Permission Inc ($1.1m) and Pro-Life Action Ministries Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $177k (12% of expenses). Other salaries and wages came to $238k. At year end it held assets of $6.3m against liabilities of $1.3m, net assets of $4.9m. It reported 43 employees.