Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Foster City, 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 $3.8m and spending of $3.1m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $3.8m (+1.4%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 70% 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 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Agape Therapeutic Riding Resources Inc ($3.8m), Alliance for Aging Research ($3.8m) and Habitat for Humanity of Greater Dayton Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $297k (9.6% of expenses). Other salaries and wages came to $857k. At year end it held assets of $11.9m against liabilities of $485k, net assets of $11.4m. It reported 19 employees.