Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Cedar Rapids, IA. 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 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.0m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 100% 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 88th percentile within IA. Charities of a similar size with the same main cause include Our Lady Queen of Heaven Manor ($2.0m), McKinney Avenue Transit Authority Inc ($2.0m) and Center for Developmental Disabilities of Pike County Ltd ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $164k (11% of expenses). Other salaries and wages came to $430k. At year end it held assets of $2.6m against liabilities of $231k, net assets of $2.4m. It reported 47 employees.