Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Jacksonville, FL. 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 $4.4m and spending of $4.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $4.4m (+3.7%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 123% 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 91st percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Transportation Alternatives Inc ($4.4m), Kitchens for Good ($4.4m) and James River Day School Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $244k (5.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $8.1m against liabilities of $5.6m, net assets of $2.5m. It reported 38 employees.