Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Spartanburg, SC. 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 $1.3m and spending of $1.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 100% 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 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within SC. Charities of a similar size with the same main cause include Future Farmers of America and Its State Associations & Local Chapter ($1.3m), Fyims Incorporated ($1.3m) and Congressional Award Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $115k (9.4% of expenses). Other salaries and wages came to $355k. At year end it held assets of $3.2m against liabilities of $195k, net assets of $3.0m. It reported 11 employees.