Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Evans, GA. 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 $1.0m and spending of $1.4m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.0m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 126%. 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 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Community Studies Inc ($1.0m), Maine Council on Aging ($1.0m) and Missouri Association of Community Task Forces ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $118k (8.3% of expenses). Other salaries and wages came to $342k. At year end it held assets of $4.7m against liabilities of $1.5m, net assets of $3.3m. It reported 31 employees.