Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Flowood, MS. 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 $1.3m and spending of $1.5m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.3m (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2020, when income rose by 122%. 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 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within MS. Charities of a similar size with the same main cause include Arlington Christian School Inc ($1.3m), The Georgia Ffa Foundation Inc ($1.3m) and United Methodist Senior Services of Clarksdale Area Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $185k (13% of expenses). Other salaries and wages came to $253k. At year end it held assets of $6.1m against liabilities of $1.7m, net assets of $4.4m. It reported 67 employees.