Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in November 1965, 61 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 $2.9m and spending of $2.0m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.9m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 113%. 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 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Alfond Youth & Community Center ($2.9m), Project Voyce ($2.9m) and Police Activity League of Waterburyinc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $122k (6.2% of expenses). Other salaries and wages came to $688k. At year end it held assets of $8.6m against liabilities of $1.5m, net assets of $7.1m. It reported 88 employees.