Boy Scouts of America
Analysis
Boy Scouts of America is a registered charity in United States, based in Utica, NY. 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 $4.4m and spending of $5.2m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $4.4m (+137%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 239%. Over the whole period it spent 110% 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 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Future Farmers of America State Associations & Local Chapter ($4.4m), Boys and Girls Clubs of the Cedar Valley Inc ($4.4m) and Youth Improving Non-Profits for Children ($4.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $111k (2.1% of expenses). Other salaries and wages came to $657k. At year end it held assets of $8.3m against liabilities of $583k, net assets of $7.7m. It reported 34 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.
Income and spending
Where the income comes from
- Contributions & grants 9.0%
- Program services 4.8%
- Other 86%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Future Farmers of America State Associations & Local Chapter | Austin | $4.4m |
| Boys and Girls Clubs of the Cedar Valley Inc | Waterloo | $4.4m |
| Youth Improving Non-Profits for Children | New York | $4.4m |
| Girl Scouts of Kansas Heartland Inc | Wichita | $4.4m |