Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Elmira, NY. 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 $1.7m and spending of $1.3m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.7m (+2.4%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 95%. Over the whole period it spent 77% 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 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include The Cape and Islands Veterans Outreach Center Inc ($1.7m), Help Incorporated Center Against Violence ($1.7m) and Mid-Peninsula the Farm Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $138k (11% of expenses). Other salaries and wages came to $488k. At year end it held assets of $5.8m against liabilities of $206k, net assets of $5.6m. It reported 47 employees.