Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Asheville, NC. 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 2022, Boy Scouts of America reported income of $3.3m and spending of $3.6m, spending 111% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $3.8m to $3.3m (-14%), an average of -4.9% a year. The sharpest change came in the year to December 2021, when income rose by 163%. Over the whole period it spent 96% 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 91st percentile within NC. Charities of a similar size with the same main cause include Chill Foundation a Nonprofit Corporation ($3.2m), Boy Scouts of America ($3.3m) and After-School All-Stars Ohio ($3.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 14% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $250k (6.9% of expenses). Other salaries and wages came to $934k. It paid $2,487 in professional fundraising fees. At year end it held assets of $8.6m against liabilities of $725k, net assets of $7.9m. It reported 120 employees.