Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Chattanooga, TN. 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 $1.2m and spending of $1.4m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.2m (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 100% 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 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Roycroft Campus Corporation ($1.2m), Piedmont Triad Regional Development Corporation ($1.2m) and North Greenbush Ambulance Association Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $128k (9.4% of expenses). Other salaries and wages came to $396k. At year end it held assets of $3.0m against liabilities of $135k, net assets of $2.9m. It reported 62 employees.