Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Wilmington, NC. 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 $1.8m and spending of $1.6m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.8m (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 99% 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 NC. Charities of a similar size with the same main cause include Cell Phones for Soldiers Inc ($1.8m), Finding Common Purpose Inc ($1.8m) and Ohio Valley Construction Education Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 29% of the total. Other salaries and wages came to $622k. At year end it held assets of $6.6m against liabilities of $322k, net assets of $6.2m. It reported 42 employees.