Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Fort Myers, 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 $2.4m and spending of $2.1m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.4m to $2.4m (-47%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 50%. Over the whole period it spent 84% 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 FL. Charities of a similar size with the same main cause include Disability Rights New Mexico ($2.4m), Terrapraxis Inc ($2.4m) and Crafton Childrens Corner ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $114k (5.4% of expenses). Other salaries and wages came to $548k. At year end it held assets of $13.4m against liabilities of $430k, net assets of $13.0m. It reported 3 employees.