Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Albuquerque, 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 $771k and spending of $1.0m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $771k (-68%), an average of -25% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 98% 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 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within NM. Charities of a similar size with the same main cause include Council Bluffs Public Library Foundation ($771k), Lebanon Community Library Association ($771k) and Metairie Manor III Inc ($771k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 40% of the total. Other salaries and wages came to $292k. At year end it held assets of $4.8m against liabilities of $977k, net assets of $3.8m. It reported 38 employees.