Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Erie, 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 $1.3m and spending of $1.9m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $929k to $1.3m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 240%. Over the whole period it spent 124% 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 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Justa Center Inc ($1.3m), London Town Foundation Inc ($1.3m) and Hays Country Livestock Exposition ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $108k (5.9% of expenses). Other salaries and wages came to $334k. At year end it held assets of $4.4m against liabilities of $225k, net assets of $4.2m. It reported 72 employees.