Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Kinston, 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 $4.0m and spending of $2.0m, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $4.0m (+99%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 77% 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 90th percentile: it is larger than about 90% 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 Montessori Society of Greater Grand Rapids Inc ($4.0m), Community Retirement Inc ($4.0m) and Center for Enriched Living ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 13% of the total. Other salaries and wages came to $576k. At year end it held assets of $10.5m against liabilities of $1.2m, net assets of $9.4m. It reported 45 employees.