Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Winchester, VA. 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 $1.9m and spending of $2.0m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.9m (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 95% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Prosperity Community Outreach ($1.9m), Copernicus Foundation ($1.9m) and Fayette County Agricultural Improvement Association ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $125k (6.3% of expenses). Other salaries and wages came to $556k. At year end it held assets of $7.6m against liabilities of $1.0m, net assets of $6.5m. It reported 53 employees.