Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Penfield, 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 2022, Boy Scouts of America reported income of $639k and spending of $726k, spending 114% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $561k to $639k (+14%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 116% 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 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Young Roots Oregon ($639k), Christian Church Homes of Idaho Inc ($639k) and Area Neighborhood Service Center Inc ($639k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 31% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $97k (13% of expenses). Other salaries and wages came to $169k. At year end it held assets of $1.8m against liabilities of $607k, net assets of $1.2m. It reported 31 employees.