Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Marysville, WA. 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 $2.8m and spending of $2.6m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.8m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 107% 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 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include One Eleuthera Foundation ($2.8m), Boys & Girls Club of Fitchburg & Leominster-A Non Profit Educationa ($2.8m) and Big Brothers Big Sisters of Connecticut Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $203k (7.8% of expenses). Other salaries and wages came to $787k. At year end it held assets of $7.1m against liabilities of $2.9m, net assets of $4.2m. It reported 53 employees.