Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Stow, 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 $3.2m and spending of $3.8m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.4m to $3.2m (-29%), an average of -8.0% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. 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 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Boulder Valley Womens Health Center Inc ($3.2m), Saint Gregorys School for Boys ($3.2m) and Denali Education Center ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $245k (6.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $8.4m against liabilities of $579k, net assets of $7.8m. It reported 101 employees.