Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Oakland, NJ. 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 $4.5m and spending of $5.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.5m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 116% 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 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include YWCA Gla Urban Campus Development Corporation ($4.5m), Boys and Girls Club of Topeka ($4.5m) and Pbla Inc ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $245k (4.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $6.0m against liabilities of $945k, net assets of $5.1m. It reported 185 employees.