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 $262k and spending of $98k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $262k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2020, when income rose by 361%. Over the whole period it spent 67% 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 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Little League Baseball Inc ($262k), Midland Volunteers for Recycling Inc ($262k) and Howard College at San Angelo Foundation ($262k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $6.3m against liabilities of $655k, net assets of $5.7m.