Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in January 1973, 53 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 $3.1m and spending of $1.9m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.1m (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 153%. Over the whole period it spent 104% 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 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within WV. Charities of a similar size with the same main cause include The Boys and Girls Clubs of South Alabama Inc ($3.1m), Oak Hill Foundation Inc ($3.1m) and Palm Beach County Sports Commission ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $160k (8.4% of expenses). Other salaries and wages came to $576k. At year end it held assets of $8.6m against liabilities of $375k, net assets of $8.3m. It reported 50 employees.