Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Greensboro, 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 2023, Boy Scouts of America reported income of $2.2m and spending of $2.6m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $2.2m (-44%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 143%. 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 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Scarlet Covering Inc ($2.2m), Shaquille Oneal Foundation ($2.2m) and Gods Anointed New Generation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $182k (7.1% of expenses). Other salaries and wages came to $713k. At year end it held assets of $14.3m against liabilities of $151k, net assets of $14.2m. It reported 82 employees.