Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Hattiesburg, 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 $1.4m and spending of $1.3m, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.4m (-1.9%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 93% 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 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within MS. Charities of a similar size with the same main cause include Young Womens Christian Association YWCA Vincent House ($1.4m), Northeastern Oklahoma A&m College Development Foundation Inc ($1.4m) and Boys and Girls Club of Westminster ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 18% of the total. Other salaries and wages came to $460k. At year end it held assets of $5.0m against liabilities of $431k, net assets of $4.5m. It reported 15 employees.