Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Griffin, GA. It received its IRS tax-exemption ruling in April 1971, 55 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 $2.2m and spending of $1.9m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $2.2m (-1.9%), an average of -0.5% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 111% 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 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include International Dyslexia Association Inc ($2.2m), Violence Free Futures Inc ($2.2m) and Family Extension Foster Care Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $166k (8.6% of expenses). Other salaries and wages came to $444k. At year end it held assets of $7.7m against liabilities of $98k, net assets of $7.6m. It reported 40 employees.