Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Toms River, 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 $1.6m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.6m (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income rose by 271%. Over the whole period it spent 103% 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 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Coda Media Inc ($1.6m), Oak Ridge Electrical Trades Apprenticeship Training Fund ($1.6m) and Flagler Ecumenical Social Service Center Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $174k (10% of expenses). Other salaries and wages came to $403k. At year end it held assets of $3.1m against liabilities of $483k, net assets of $2.7m. It reported 43 employees.