Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Redlands, 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 $2.7m and spending of $2.5m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $2.7m (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 88% 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 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Capitol Broadcasting Association Inc ($2.7m), Port Jefferson Volunteer Ambulance Inc ($2.7m) and Bangor Housing Development Corporation ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $171k (6.8% of expenses). Other salaries and wages came to $857k. At year end it held assets of $5.2m against liabilities of $714k, net assets of $4.5m. It reported 36 employees.