Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Vernon Hills, 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 $3.1m and spending of $3.3m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.8m to $3.1m (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 49%. 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 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Amigos Together for Kids Inc ($3.1m), Grants Pass Family YMCA ($3.1m) and Page Education Foundation ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $350k (11% of expenses). Other salaries and wages came to $862k. It paid $86k in professional fundraising fees. At year end it held assets of $11.2m against liabilities of $615k, net assets of $10.6m. It reported 130 employees.