Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Sartell, MN. 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 $2.0m and spending of $1.4m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.0m (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 84% 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 85th percentile within MN. Charities of a similar size with the same main cause include Adult Vocational Programs Inc ($2.0m), American College of Clinical Pharmacology ($2.0m) and Association for the Advancement of Mental Health ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $69k (5.0% of expenses). Other salaries and wages came to $421k. At year end it held assets of $7.3m against liabilities of $319k, net assets of $7.0m. It reported 20 employees.