Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Champaign, 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 $1.0m and spending of $849k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $817k to $1.0m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 95% 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 79th percentile within IL. Charities of a similar size with the same main cause include Pueblo County Historical Society ($1.0m), Lourdes Camp Inc ($1.0m) and Religious Community Services of New Bern Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $163k (19% of expenses). Other salaries and wages came to $208k. At year end it held assets of $3.1m against liabilities of $81k, net assets of $3.0m. It reported 33 employees.