Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Eagle, MI. 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 $15.9m and spending of $15.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $19.9m to $15.9m (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 110% 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 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include Manteca District Volunteer Ambulance Service ($15.9m), New England Historic Genealogical Society Inc ($15.9m) and Merakey Childrens Services ($15.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $1.4m (9.3% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $55.1m against liabilities of $6.1m, net assets of $49.1m. It reported 444 employees.