Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Knoxville, TN. 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 $3.4m and spending of $3.9m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $3.4m (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 86% 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 90th percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include Boys & Girls Clubs of Greater Kalamazoo Inc ($3.4m), Boys and Girls Club of Portage County Inc ($3.4m) and Recoded Co ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $272k (7.0% of expenses). At year end it held assets of $13.2m against liabilities of $1.9m, net assets of $11.3m. It reported 115 employees.