Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Evansville, 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 2022, Boy Scouts of America reported income of $2.8m and spending of $961k, leaving 65% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.3m to $2.8m (+122%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 184%. Over the whole period it spent 83% 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 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include The Sheepfold ($2.8m), The Young Women Christian Association of Topeka Kansas ($2.8m) and Richmond Waldorf School ($2.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 44% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $166k (17% of expenses). Other salaries and wages came to $257k. At year end it held assets of $5.8m against liabilities of $172k, net assets of $5.6m. It reported 19 employees.