Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in San Diego, 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 $5.4m and spending of $3.3m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.5m to $5.4m (-37%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 77% 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 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include State Higher Education Executive ($5.4m), New Haven Care Center Inc ($5.4m) and YWCA Lancaster ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $273k (8.3% of expenses). Other salaries and wages came to $770k. At year end it held assets of $9.9m against liabilities of $1.1m, net assets of $8.8m. It reported 62 employees.