Boy Scouts of America
Analysis
Boy Scouts of America is a registered charity in United States, based in Anchorage, AK. 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 $2.3m and spending of $1.8m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $2.3m (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 94% 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 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within AK. Charities of a similar size with the same main cause include St Paul of the Cross Passionist Retreat Center Inc ($2.3m), Montessori Academy of Lancaster ($2.3m) and New World Educational Center ($2.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $117k (6.4% of expenses). Other salaries and wages came to $333k. At year end it held assets of $14.7m against liabilities of $339k, net assets of $14.3m. It reported 44 employees.
Income and spending
Where the income comes from
- Contributions & grants 46%
- Program services 21%
- Other 33%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| St Paul of the Cross Passionist Retreat Center Inc | Detroit | $2.3m |
| Montessori Academy of Lancaster | Lancaster | $2.3m |
| New World Educational Center | Phoenix | $2.3m |
| Older Americans Housing Inc | Fresno | $2.3m |