Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Weston, 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 $2.3m and spending of $2.6m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.3m (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 99% 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 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Benedict Center Inc ($2.3m), Sol Housing ($2.3m) and Dryden Ambulance Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $176k (6.9% of expenses). Other salaries and wages came to $795k. At year end it held assets of $4.5m against liabilities of $258k, net assets of $4.2m. It reported 92 employees.