Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Jackson, 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 2020, Boy Scouts of America reported income of $830k and spending of $939k, spending 113% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $984k to $830k (-16%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 114% 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 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Covenant Foundation Inc ($830k), Child Development Council Inc ($830k) and Lake Woods Senior Housing Association of Snohomish County ($830k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 59% and program service revenue 39% of the total. Other salaries and wages came to $421k. At year end it held assets of $1.3m against liabilities of $458k, net assets of $807k. It reported 41 employees.