Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Peoria, 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 $2.1m and spending of $2.3m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $2.1m (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 86% 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 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Johns Island Community Service League ($2.1m), Drama League of New York Inc ($2.1m) and Children & Family Resource Center of Henderson County Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $197k (8.7% of expenses). Other salaries and wages came to $718k. At year end it held assets of $5.7m against liabilities of $497k, net assets of $5.2m. It reported 59 employees.