Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Indianapolis, IN. 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 $6.1m and spending of $10.6m, spending 174% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.2m to $6.1m (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 98% 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 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Steamboat Springs Winter Sports Club Inc ($6.1m), Foundation for Senior Living ($6.1m) and Pickens County Commission on Alcohol and Drug Abuse ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $1.4m (13% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $28.3m against liabilities of $1.7m, net assets of $26.6m. It reported 341 employees.