Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Bloomsburg, 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 $735k and spending of $671k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $627k to $735k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 41%. 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 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include United Cambodian Association of Minnesota Inc ($735k), Palm Beach Country Club Foundation Inc ($735k) and Spring Ridge Housing for Seniors Inc ($735k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 33% of the total. Other salaries and wages came to $204k. At year end it held assets of $1.9m against liabilities of $366k, net assets of $1.6m. It reported 35 employees.