Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Cincinnati, OH. 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 $5.1m and spending of $6.2m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.0m to $5.1m (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 110% 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 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Minnetrista Cultural Foundation Inc ($5.1m), Metrowest Legal Services Inc ($5.1m) and Head Start Child & Family Development Center Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $406k (6.6% of expenses). Other salaries and wages came to $2.1m. It paid $133k in professional fundraising fees. At year end it held assets of $11.5m against liabilities of $453k, net assets of $11.1m. It reported 149 employees.