Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Wichita, KS. 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 $2.6m and spending of $2.3m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.6m (+9.7%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 97% 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 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within KS. Charities of a similar size with the same main cause include Christian Churches United of the Tri-County Area ($2.6m), The Manna Project Inc ($2.6m) and Jones County Junior College Foundation Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $217k (9.4% of expenses). Other salaries and wages came to $669k. At year end it held assets of $7.9m against liabilities of $1.0m, net assets of $6.9m. It reported 65 employees.