Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Tacoma, WA. 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 $1.7m and spending of $1.7m, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.8m to $1.7m (-8.0%), an average of -2.7% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 127% 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 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Society for Art in Crafts ($1.7m), New Haven Home Inc ($1.7m) and GS Housing Incorporated ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $137k (8.2% of expenses). Other salaries and wages came to $517k. At year end it held assets of $5.7m against liabilities of $313k, net assets of $5.4m. It reported 39 employees.