Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in San Jose, 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 $7.2m and spending of $6.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $18.1m to $7.2m (-60%), an average of -21% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 82% 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 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Yuma County Fair Inc ($7.2m), Brent House Corporation ($7.2m) and Trees for Houston ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $525k (8.1% of expenses). Other salaries and wages came to $1.8m. It paid $100k in professional fundraising fees. At year end it held assets of $41.5m against liabilities of $3.4m, net assets of $38.0m. It reported 98 employees.