Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in January 1964, 62 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 $4.7m and spending of $4.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.4m to $4.7m (-25%), an average of -7.1% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boy Scouts of America sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Illuminate Colorado Inc ($4.7m), Girl Scouts of Montana & Wyoming ($4.8m) and Young Mens Christian Association of Avery County Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $464k (9.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $18.8m against liabilities of $6.1m, net assets of $12.8m. It reported 129 employees.