Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Chicago, IL. 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 $6.6m and spending of $7.8m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.3m to $6.6m (-42%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 105% 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 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Heritage Christian Schools Inc ($6.6m), Trustees of the Gill Odd Fellows Home of Vermont the ($6.6m) and South Carolina High School League ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $408k (5.2% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $21.2m against liabilities of $1.3m, net assets of $19.9m. It reported 192 employees.