Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Meridian, MS. It received its IRS tax-exemption ruling in April 1971, 55 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 $179k and spending of $172k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $131k to $179k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 77% 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 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within MS. Charities of a similar size with the same main cause include Schleicher County Public Library ($179k), Indian American Medical Assn Il Charitable Foundation Inc ($179k) and Los Angeles Harbor College Foundation ($179k).

Compensation of current officers, directors and key employees was $14k (8.1% of expenses). At year end it held assets of $2.3m against liabilities of $50k, net assets of $2.2m.