Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Waterbury, VT. 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 $1.4m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.4m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 93% 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 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within VT. Charities of a similar size with the same main cause include Scriptures in Use ($1.4m), Scottish Rite Foundation ($1.4m) and Next City Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $168k (12% of expenses). Other salaries and wages came to $318k. At year end it held assets of $2.4m against liabilities of $386k, net assets of $2.0m. It reported 58 employees.