Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Reading, 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 $149k and spending of $279k, spending 187% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $699k to $149k (-79%), an average of -32% a year. The sharpest change came in the year to December 2021, when income rose by 1242%. Over the whole period it spent 131% 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 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Vista Serena Housing Development Corporations ($149k), Tri State Regional Service Office Incorporated ($149k) and PTA Colorado Congress ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $4.3m against liabilities of $70k, net assets of $4.3m.