Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Charlotte, 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 $4.1m and spending of $3.2m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.2m to $4.1m (-0.7%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 79% 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 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include People of Praise Inc ($4.1m), The Umbc Research Park Corporation Inc ($4.1m) and Mountain View Nursing Home ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 18% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $16.1m against liabilities of $416k, net assets of $15.7m. It reported 131 employees.