Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Santa Barbara, 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 $3.7m and spending of $2.0m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $3.7m (-35%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 164%. Over the whole period it spent 58% 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 Big Sky Bravery Foundation ($3.7m), South Central Child Development Inc ($3.7m) and Lumen Christi Institute ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $187k (9.6% of expenses). Other salaries and wages came to $422k. At year end it held assets of $15.9m against liabilities of $1.2m, net assets of $14.7m. It reported 7 employees.