Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Rapid City, SD. 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 $855k and spending of $1.0m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $912k to $855k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 108% 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 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within SD. Charities of a similar size with the same main cause include Rethos ($855k), Living Independence for Everyone Inc ($855k) and Plumbers & Pipefitters ($855k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $136k (13% of expenses). Other salaries and wages came to $234k. At year end it held assets of $1.1m against liabilities of $254k, net assets of $891k. It reported 43 employees.