Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Cedar Knolls, 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 $6.1m and spending of $5.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.1m to $6.1m (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 90% 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 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include YMCA of Plattsburgh Inc ($6.1m), Squashbusters Inc ($6.1m) and Afterschool Alliance ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $370k (6.3% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $16.2m against liabilities of $4.8m, net assets of $11.3m. It reported 178 employees.