Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Toledo, 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 $3.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.1m to $3.6m (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 92% 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 Hospice of Limestone County Incorporated ($3.6m), High Hope Employment Services Inc ($3.6m) and The Trustees of the New York Society Library ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $187k (5.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $11.7m against liabilities of $599k, net assets of $11.1m. It reported 196 employees.