Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Albany, NY. 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 $1.5m and spending of $1.6m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.5m (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 142% 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 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Boys & Girls Club of Meriden Inc ($1.5m), Community Training Works Inc ($1.5m) and Boys and Girls Club of Midland Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $118k (7.2% of expenses). Other salaries and wages came to $448k. At year end it held assets of $933k against liabilities of $1.0m, net assets of -$68k. It reported 46 employees.