Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Albemarle, 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 $1.7m and spending of $1.8m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.7m (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 116% 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 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include North Carolina Bar Foundation ($1.7m), Xavier Society for the Blind ($1.7m) and We Will Collective Incorporated ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 21% of the total. Other salaries and wages came to $553k. At year end it held assets of $8.9m against liabilities of $1.4m, net assets of $7.5m. It reported 61 employees.