Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in St Louis, MO. 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 $12.5m and spending of $13.5m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $18.5m to $12.5m (-32%), an average of -9.4% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 96% 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 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include Campbell Institute ($12.5m), Childserve Homes Inc ($12.5m) and Bay Area Legal Services Inc ($12.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $934k (6.9% of expenses). Other salaries and wages came to $4.6m. It paid $53k in professional fundraising fees. At year end it held assets of $32.8m against liabilities of $2.8m, net assets of $30.0m. It reported 348 employees.