Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Springfield, 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 $2.6m and spending of $2.1m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.6m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 121% 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 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include Sakonnet Preservation Assoc Inc ($2.6m), Terrace Gardens Inc ($2.6m) and Habitat for Humanity International Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $175k (8.3% of expenses). Other salaries and wages came to $608k. At year end it held assets of $3.8m against liabilities of $1.6m, net assets of $2.3m. It reported 76 employees.