Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Yellow SPGS, 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 $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 grew from $1.0m to $1.2m (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 99% 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 81st percentile within OH. Charities of a similar size with the same main cause include Center for Practical Bioethics Inc ($1.2m), Baker County YMCA ($1.2m) and Dyersburg State Community College Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $114k (10% of expenses). Other salaries and wages came to $314k. At year end it held assets of $1.9m against liabilities of $226k, net assets of $1.6m. It reported 33 employees.