Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in KNG of Prussa, PA. 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 $5.1m and spending of $6.3m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.4m to $5.1m (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 86% 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 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include John Locke Foundation Inc ($5.1m), Carolina Farm Stewardship Association ($5.1m) and Meyer Center for Special Children ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $400k (6.4% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $24.8m against liabilities of $1.1m, net assets of $23.7m. It reported 159 employees.