Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Rockford, IL. 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 $2.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.4m (+8.0%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 89% 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 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Rabat American School Association Inc ($2.4m), Michigan Barber School Inc ($2.4m) and Ym-Ywha of Boro Park ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $222k (9.9% of expenses). Other salaries and wages came to $689k. At year end it held assets of $11.5m against liabilities of $542k, net assets of $11.0m. It reported 57 employees.