Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Fort Snelling, 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 $2.8m and spending of $2.2m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.8m (+107%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 101% 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 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Samuel Curtis Johnson Graduate SCHL MGMT of Cornell Univ Endowment TR ($2.8m), Crisis Services of North Alabama ($2.8m) and Tampa Lighthouse for the Blind Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $37.2m against liabilities of $0, net assets of $37.2m.