Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Henrico, VA. 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 $3.3m and spending of $4.0m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $3.3m (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 85% 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 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Boy Scouts of America ($3.3m), Boys and Girls Club of El Dorado County Western Slope ($3.3m) and Chill Foundation a Nonprofit Corporation ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $256k (6.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $14.1m against liabilities of $1.1m, net assets of $13.0m. It reported 97 employees.