Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Enid, 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 $565k and spending of $604k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $750k to $565k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 94% 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 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OK. Charities of a similar size with the same main cause include Adult Reading Center Inc ($565k), American Friends of Rabbinical Colleges of Natanya ($565k) and Volunteers of America Inc ($565k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 13% of the total. Other salaries and wages came to $247k. At year end it held assets of $1.9m against liabilities of $37k, net assets of $1.9m. It reported 7 employees.