Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Bethesda, 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 $11.8m and spending of $9.8m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.9m to $11.8m (-0.6%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 115% 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 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include New Jersey Association on Correction ($11.8m), New Mission Systems Inc ($11.8m) and Vegetus Foundation ($11.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $562k (5.7% of expenses). Other salaries and wages came to $3.4m. It paid $69k in professional fundraising fees. At year end it held assets of $43.1m against liabilities of $4.8m, net assets of $38.3m. It reported 304 employees.