Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Columbus, 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 $3.6m and spending of $4.4m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $3.6m (-34%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 101% 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 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Boys & Girls Club of Central New Mexico ($3.6m), Prairie Home Hospice Inc ($3.6m) and Transition House Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $259k (5.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $11.5m against liabilities of $1.3m, net assets of $10.2m. It reported 109 employees.