Boy Scouts of America
Analysis
Boy Scouts of America is a registered charity in United States, based in Scottsdale, AZ. 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 $13.4m and spending of $12.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.7m to $13.4m (+101%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 93% 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 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within AZ. Charities of a similar size with the same main cause include Alcott Center for Mental Health Services ($13.4m), North Star Fund Inc ($13.4m) and Thistle Farms Inc ($13.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $273k (2.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $22.6m against liabilities of $6.4m, net assets of $16.3m. It reported 150 employees.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 16%
- Other 51%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alcott Center for Mental Health Services | Culver City | $13.4m |
| North Star Fund Inc | New York | $13.4m |
| Thistle Farms Inc | Nashville | $13.4m |
| Veterans Community Project | Kansas City | $13.4m |