Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Springfield, 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 2022, Boy Scouts of America reported income of $1000k and spending of $1.1m, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.0m to $1000k (-3.1%), an average of -1.0% a year. 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 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Art League of Marco Island Inc ($999k), The Caring Center Inc ($1000k) and Move NYC Foundation Inc ($999k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $97k (8.7% of expenses). Other salaries and wages came to $287k. At year end it held assets of $3.8m against liabilities of $114k, net assets of $3.7m. It reported 43 employees.