Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Falconer, 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 $455k and spending of $812k, spending 178% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $455k (-65%), an average of -23% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 102% 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 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Friday Morning Music Club Inc ($455k), Chelandouglas Counties Together for Drug Free Youth ($455k) and 40 & 8 Charles W Ardery Memorial Child Welfare Trust Fund ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $104k (13% of expenses). Other salaries and wages came to $228k. At year end it held assets of $2.5m against liabilities of $16k, net assets of $2.5m. It reported 49 employees.