Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Fairmont, WV. 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 $993k and spending of $1.2m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $993k (-3.8%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 107% 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 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within WV. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Augusta Inc ($993k), Santa Barbara Bicycle Coalition ($993k) and Copiah-Lincoln Junior College Foundation Inc ($992k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $137k (11% of expenses). Other salaries and wages came to $235k. At year end it held assets of $3.4m against liabilities of $365k, net assets of $3.1m. It reported 40 employees.