Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Kingston, 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 $444k and spending of $381k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $531k to $444k (-16%), an average of -4.4% a year. Over the whole period it spent 106% 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 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include South Texas Youth Soccer Association ($444k), LA Victoria Foundation Corp ($444k) and Cleveland County Schools Educational Foundation Inc ($444k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $90k (24% of expenses). Other salaries and wages came to $44k. At year end it held assets of $1.1m against liabilities of $88k, net assets of $978k. It reported 6 employees.