Boy Scouts of America
Analysis
Boy Scouts of America is a registered charity in United States, based in Pleasanton, CA. 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 $10.6m and spending of $9.3m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $10.6m (+166%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 583%. Over the whole period it spent 53% 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 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include New Hampshire Odd Fellows Home ($10.6m), Camillus Health Concern Inc ($10.6m) and Multi-Faith Retirement Services Live Oak Retirement Center ($10.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $342k (3.7% of expenses). Other salaries and wages came to $2.8m. It paid $28k in professional fundraising fees. At year end it held assets of $28.8m against liabilities of $3.9m, net assets of $24.8m. It reported 213 employees.
Income and spending
Where the income comes from
- Contributions & grants 42%
- Program services 41%
- Other 18%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Hampshire Odd Fellows Home | Concord | $10.6m |
| Camillus Health Concern Inc | Miami | $10.6m |
| Multi-Faith Retirement Services Live Oak Retirement Center | Shreveport | $10.6m |
| Whitinsville Christian School | Whitinsville | $10.6m |