Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Farmingville, NY. 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 $58k and spending of $67k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $220k to $58k (-74%), an average of -28% a year. The sharpest change came in the year to December 2023, when income rose by 282%. Over the whole period it spent 12% 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 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Williamstown Historical Museum ($58k), Stronger Warrior Foundation ($58k) and Friends of the Pittsford Community Library Inc ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.