Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Lockport, 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 $1.1m and spending of $1.3m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 118% 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 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include American Agape Foundation Inc ($1.1m), Lake Whatcom Center Foundation ($1.1m) and Pennsylvania Association of Non Profit Homes for the Aging ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $149k (11% of expenses). Other salaries and wages came to $419k. It paid $13k in professional fundraising fees. At year end it held assets of $3.7m against liabilities of $439k, net assets of $3.3m. It reported 52 employees.