Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Hagerstown, MD. 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 $836k and spending of $860k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $836k (-41%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 78%. 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 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($836k), Osher Lifelong Learning Institute ($836k) and Assistance Center of Collin County Inc ($836k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% and program service revenue 85% of the total. Other salaries and wages came to $255k. At year end it held assets of $5.2m against liabilities of $598k, net assets of $4.6m. It reported 72 employees.