Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Holyoke, MA. It received its IRS tax-exemption ruling in November 1965, 61 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 $1.7m and spending of $1.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boy Scouts of America sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Lower Merion Soccer Club ($1.7m), Homework Hangout Club ($1.7m) and Didtechnology Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $174k (10% of expenses). Other salaries and wages came to $459k. At year end it held assets of $3.4m against liabilities of $1.2m, net assets of $2.2m. It reported 67 employees.