Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in October 1972, 54 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 $4.1m and spending of $5.3m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.0m to $4.1m (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 89% 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 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within MT. Charities of a similar size with the same main cause include Lawrence County Economic Development Corporation ($4.1m), Hawkins County Emergency Medical Services Inc ($4.1m) and Volunteers of America Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $221k (4.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $28.6m against liabilities of $767k, net assets of $27.9m. It reported 121 employees.