Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Kansas City, 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 $12.4m and spending of $10.1m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.6m to $12.4m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 109% 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 Utah Health Information Network Incorporated ($12.4m), Winning Wheels Inc ($12.4m) and St Francis Area Developement Center ($12.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $557k (5.5% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $27.0m against liabilities of $5.5m, net assets of $21.4m. It reported 410 employees.