Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Buffalo, NY. 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 $105k and spending of $13k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $258k to $105k (-59%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 458%. Over the whole period it spent 96% 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 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Blessing an Open Bible Church ($105k), Friendship Club ($105k) and PTA Tennessee Congress of Parents & Teachers Inc ($105k).

Compensation of current officers, directors and key employees was $12k (89% of expenses). At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.