Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Lafayette, 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 2022, Boy Scouts of America reported income of $1.1m and spending of $990k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.1m to $1.1m (+1.5%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 103% 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 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within LA. Charities of a similar size with the same main cause include JFH Management Company Inc ($1.1m), Dominion Life Christian Academy Inc ($1.1m) and Coffee House Press Inc ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 55% and program service revenue 15% of the total. Other salaries and wages came to $349k. At year end it held assets of $1.8m against liabilities of $408k, net assets of $1.4m. It reported 16 employees.