Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Westampton, NJ. 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 $3.6m and spending of $2.9m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.6m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2020, when income rose by 52%. 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 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Edith Wharton Restoration Inc ($3.6m), Kuakini Foundation ($3.6m) and Legal Outreach Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $169k (5.9% of expenses). Other salaries and wages came to $873k. At year end it held assets of $11.6m against liabilities of $1.0m, net assets of $10.6m. It reported 40 employees.