Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Ardmore, OK. 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 $829k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.4m (+1.4%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 65% 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 84th percentile within OK. Charities of a similar size with the same main cause include Whiteville Jaycee Rescue Unit Inc ($1.4m), The Center for the Study of the Presidency and Congress ($1.4m) and American Institute of Certified Public Accountants Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 5.9% of the total. Other salaries and wages came to $307k. At year end it held assets of $7.6m against liabilities of $7,467, net assets of $7.6m. It reported 8 employees.