Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Lexington, KY. 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 $1.0m and spending of $1.2m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.0m (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 111% 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 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Center for Black Innovation Inc ($1.0m), National Foster Youth Institute ($1.0m) and Abilene Youth Sports Authority Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $123k (10% of expenses). Other salaries and wages came to $307k. At year end it held assets of $2.4m against liabilities of $988k, net assets of $1.4m. It reported 51 employees.