Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Fishkill, 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 $3.9m and spending of $4.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.9m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 105% 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 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Boys and Girls Clubs of the Gulf Coast Inc ($3.9m), Western Environmental Law Center ($3.9m) and National Emergency Management Association ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $249k (6.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $5.4m against liabilities of $1.6m, net assets of $3.8m. It reported 135 employees.