Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Raleigh, 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 $4.6m and spending of $5.3m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.4m to $4.6m (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 102% 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 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($4.6m), Operating Engineers Apprenticeship Trust Fund Local 649 ($4.6m) and Seacology ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $183k (3.4% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $8.4m against liabilities of $2.8m, net assets of $5.6m. It reported 111 employees.