Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Pittsburgh, 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 $9.6m and spending of $6.9m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.2m to $9.6m (-5.9%), an average of -1.5% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 85% 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 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Young Mens Christian Assn of Springfield ($9.6m), Our Lady of the Woods Corporation ($9.6m) and Klingberg Family Centers Inc ($9.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $285k (4.2% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $39.7m against liabilities of $3.2m, net assets of $36.5m. It reported 209 employees.