Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Woburn, 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).

In the financial year ending December 2023, Boy Scouts of America reported income of $3.5m and spending of $3.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $3.5m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 99% 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 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include University School Alumni Assoc ($3.5m), Cambridge Family YMCA ($3.5m) and New York State Public High School Athletic Association Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $278k (8.5% of expenses). Other salaries and wages came to $982k. At year end it held assets of $11.0m against liabilities of $791k, net assets of $10.2m. It reported 103 employees.