Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Kennewick, 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 $749k and spending of $710k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $644k to $749k (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 114% 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 WA. Charities of a similar size with the same main cause include 384 Grand Street Housing Development Fund Company Inc ($749k), St Marys Hospital Foundation Inc ($749k) and Angel Island Immigration Station Foundation ($749k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $119k (17% of expenses). Other salaries and wages came to $234k. At year end it held assets of $2.5m against liabilities of $740k, net assets of $1.8m. It reported 6 employees.