Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Roswell, NM. 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 $1.5m and spending of $1.7m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.5m (-1.7%), an average of -0.4% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 99% 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 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NM. Charities of a similar size with the same main cause include Meetinghouse Montessori Inc ($1.5m), Artserve Inc ($1.5m) and Construction Teamsters Training and Upgrading Fund for Southern Califo ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $82k (4.7% of expenses). Other salaries and wages came to $443k. At year end it held assets of $2.8m against liabilities of $140k, net assets of $2.7m. It reported 57 employees.