Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Metairie, LA. 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 $1.6m and spending of $1.9m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.6m (-5.8%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 115% 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 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include California Masonic Foundation ($1.6m), Jefferson College Foundation Incorporated ($1.6m) and Darke County Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $130k (6.8% of expenses). Other salaries and wages came to $635k. At year end it held assets of $1.7m against liabilities of $1.4m, net assets of $291k. It reported 58 employees.