Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Doylestown, PA. 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 $2.9m and spending of $2.7m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.9m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 282%. Over the whole period it spent 95% 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 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Palmetto Project Inc ($2.9m), Fanangel Foundation Inc ($3.0m) and National Foundation of Dentistry for the Handicapped ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $274k (10% of expenses). Other salaries and wages came to $863k. At year end it held assets of $6.2m against liabilities of $1.0m, net assets of $5.1m. It reported 117 employees.