Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Yarmouth Port, MA. 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 $689k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $625k to $1.4m (+129%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 92% 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 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Randolph Technical College Foundation Inc ($1.4m), Pfi Housing Company of Auburn Inc C ($1.4m) and Community System Navigators ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 16% of the total. Other salaries and wages came to $274k. At year end it held assets of $6.3m against liabilities of $711k, net assets of $5.6m. It reported 21 employees.