Boy Scouts of America
Analysis
Boy Scouts of America is a registered charity in United States, based in Reno, NV. 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 $1.1m and spending of $1.4m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.1m (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 117% 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 80th percentile, and in the 82nd percentile within NV. Charities of a similar size with the same main cause include STEM Advantage ($1.1m), Teen Advisors Inc ($1.1m) and Martin Truex Jr Foundation Inc ($1.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $173k (12% of expenses). Other salaries and wages came to $307k. At year end it held assets of $9.6m against liabilities of $144k, net assets of $9.4m. It reported 24 employees.
Income and spending
Where the income comes from
- Contributions & grants 50%
- Program services 11%
- Other 39%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| STEM Advantage | Huntingtn BCH | $1.1m |
| Teen Advisors Inc | Columbus | $1.1m |
| Martin Truex Jr Foundation Inc | Mooresville | $1.0m |
| Arizona 4-H Youth Foundation | Tucson | $1.1m |