Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Milwaukee, WI. 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 $8.8m and spending of $2.6m, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $8.8m (+207%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 240%. Over the whole period it spent 66% 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 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Coahoma Opportunities Inc ($8.8m), Guadalupe Center Educational Programs Inc ($8.8m) and Sioux Empire United Way Inc ($8.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $224k (8.5% of expenses). Other salaries and wages came to $980k. At year end it held assets of $5.9m against liabilities of $364k, net assets of $5.6m. It reported 46 employees.