Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Waterloo, 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 $1.3m and spending of $843k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $899k to $1.3m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2023, when income rose by 82%. 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 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within IA. Charities of a similar size with the same main cause include Allegheny Valley Assoc of Churches ($1.3m), Kids in the Middle Inc ($1.3m) and Hips Road Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $133k (16% of expenses). Other salaries and wages came to $208k. At year end it held assets of $3.3m against liabilities of $150k, net assets of $3.1m. It reported 21 employees.