Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Dayton, 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 $2.7m and spending of $1.5m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.7m (+87%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 75%. 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 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Southern California Seminary ($2.7m), Partnership for Learning ($2.7m) and Certified Medical Representatives Institute Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $121k (8.0% of expenses). Other salaries and wages came to $314k. At year end it held assets of $4.4m against liabilities of $538k, net assets of $3.9m. It reported 19 employees.