Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Roanoke, 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 $2.8m, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $1.9m (-51%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 173%. Over the whole period it spent 118% 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 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Charles Sherrod Community Development Corporation ($1.9m), Sheltered Inc ($1.9m) and Western North Carolina Lions Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 56% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $6.1m against liabilities of $3.3m, net assets of $2.8m. It reported 98 employees.