Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Madison, WI. 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 $1.8m and spending of $2.0m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.8m (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 88% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Boys & Girls Clubs of the Coastal Bend Inc ($1.8m), Great Falls Community Food Bank Inc ($1.8m) and Agape Childrens Academy of New ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $369k (19% of expenses). Other salaries and wages came to $492k. At year end it held assets of $7.5m against liabilities of $480k, net assets of $7.0m. It reported 61 employees.