Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Tampa, FL. 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 $13.8m and spending of $5.4m, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.1m to $13.8m (+125%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 63% 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 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Boys & Girls Club of Pawtucket ($13.8m), Alliance for a Healthier Generation Inc ($13.8m) and Epic-Cure Inc ($13.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $279k (5.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $34.5m against liabilities of $4.0m, net assets of $30.5m. It reported 131 employees.