Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in South Bend, 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 $2.4m and spending of $2.1m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.4m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 53%. 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 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Military Community Youth Ministries ($2.4m), Benedictine Senior Living Community of St Peter ($2.4m) and Elim Shores Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 13% of the total. Other salaries and wages came to $804k. At year end it held assets of $8.0m against liabilities of $1.1m, net assets of $7.0m. It reported 63 employees.