Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Fpo, AP. 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 $1.2m and spending of $1.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.2m (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 75% 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 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 100th percentile within AP. Charities of a similar size with the same main cause include Project Safe Inc ($1.2m), St Francis of Assisi Kitchen ($1.2m) and Miracles Counseling Center ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 34% of the total. Other salaries and wages came to $396k. At year end it held assets of $2.4m against liabilities of $133k, net assets of $2.3m. It reported 17 employees.