Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Fargo, ND. 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 $4.1m and spending of $3.3m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $4.1m (+2.0%), an average of +0.5% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 85% 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 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within ND. Charities of a similar size with the same main cause include Alpha Tau Omega Foundation ($4.1m), Jewish Community Relations Council Minnesota & the Dakotas ($4.1m) and Dream of Wild Health ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $212k (6.5% of expenses). Other salaries and wages came to $979k. At year end it held assets of $15.7m against liabilities of $238k, net assets of $15.4m. It reported 82 employees.