Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Eau Claire, WI. 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 $1.9m and spending of $2.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.9m (-7.3%), an average of -1.9% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 109% 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 WI. Charities of a similar size with the same main cause include Topeka Habitat for Humanity Inc ($1.9m), Trimount Foundation Inc ($1.9m) and Indigo Education ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $172k (8.0% of expenses). Other salaries and wages came to $629k. At year end it held assets of $17.5m against liabilities of $171k, net assets of $17.4m. It reported 68 employees.