Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Quincy, IL. 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 $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.2m (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 111% 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 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Tiny Wpa ($1.2m), Los Angeles Team Mentoring Inc a Delaware Corporation ($1.2m) and Vacaville Neighborhood Boys & Girls Club ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $117k (9.0% of expenses). Other salaries and wages came to $369k. At year end it held assets of $5.5m against liabilities of $393k, net assets of $5.1m. It reported 42 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.