Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Milford, 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 $3.4m and spending of $4.3m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.7m to $3.4m (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 110% 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 89th percentile: it is larger than about 89% 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 Young Mens Christian Association of Freeport Illinois ($3.4m), United Way Community Services Inc ($3.4m) and American College of Mohs Surgery Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $338k (7.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $20.0m against liabilities of $623k, net assets of $19.4m. It reported 105 employees.