Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in W Chester, 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 $2.6m and spending of $148k, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $2.6m (+1073%), an average of +85% a year. The sharpest change came in the year to December 2022, when income rose by 1193%. Over the whole period it spent 39% 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 87th percentile: it is larger than about 87% 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 Glens Falls Hospital Self Ins Trust ($2.6m), Center for Union Facts ($2.6m) and Rahway Day Care Center Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $15k (10% of expenses). At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.