Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Greensburg, 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 $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.9m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 107% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Veterans Research and Education Foundation of St Louis ($1.9m), Tom a Finch Community YMCA Inc ($1.9m) and Legal Aid Works ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $119k (6.3% of expenses). Other salaries and wages came to $547k. At year end it held assets of $4.9m against liabilities of $252k, net assets of $4.6m. It reported 97 employees.