Boy Scouts Of America

Organization Overview

Boy Scouts Of America is located in Chicago, IL. The organization was established in 1965. As of 12/2021, Boy Scouts Of America employed 232 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Boy Scouts Of America is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Boy Scouts Of America generated $8.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $6.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE CHARACTER AND BUILD CITIZENSHIP AND PHYSICAL FITNESS AMONG YOUTH WITHIN ITS DESIGNATED GEOGRAPHICAL AREA, CONSISTING OF PORTIONS OF ILLINOIS AND INDIANA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BOY SCOUTS OF AMERICA WAS FOUNDED IN 1910 AND EXISTS TODAY TO SERVE OTHERS BY HELPING INSTILL VALUES IN YOUNG PEOPLE AND PREPARE THEM TO MAKE ETHICAL CHOICES DURING THEIR LIFETIME AND ACHIEVE THEIR FULL POTENTIAL. COMMUNITY-BASED ORGANIZATIONS RECEIVE NATIONAL CHARTERS TO USE THE SCOUTING PROGRAM AS PART OF THEIR OWN YOUTH WORK IN THE PATHWAY TO ADVENTURE COUNCIL. THE YOUTH PARTICIPATE IN INDOOR/OUTDOOR ACTIVITIES. THEY ARE UNDER THE GUIDANCE OF TRAINED ADULT VOLUNTEERS, WHO HELP THEM DEVELOP THE LIFE SKILLS THEY NEED TO BECOME FUTURE LEADERS AND ACTIVE CITIZENS IN THEIR COMMUNITIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gordon Food Service
Food Services
$326,988
Sherlock Homes Of Indiana Inc
Construction Services
$206,751
Muskegon Quality Builders
Renovation Services
$133,136
Wood Trucking
Installation Services
$124,200
Hyatt Regency Chicago
Event Services
$123,009
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$946
Membership dues$0
Fundraising events$436,601
Related organizations$0
Government grants $619,052
All other contributions, gifts, grants, and similar amounts not included above$1,036,718
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,093,317
Total Program Service Revenue$1,803,930
Investment income $3,073,037
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $66,923
Net Gain/Loss on Asset Sales $699,755
Net Income from Fundraising Events -$39,939
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $519,245
Miscellaneous Revenue$0
Total Revenue $8,408,490

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Boy Scouts Of America has recieved totaling $535,105.

Awarding OrganizationAmount
National Boy Scouts Of America Foundation

Irving, TX

PURPOSE: Support local council Scouting

$500,000
Cme Group Foundation

Chicago, IL

PURPOSE: STEM IN SCOUTING

$20,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$6,390
Labor-Management Union Carpentry Cooperation Promotion Fund

Chicago, IL

PURPOSE: CHARITABLE CONTRIBUTION

$6,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$1,250
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$11,054,800
Earnings$3,201,287
Admin Expense$83,961
Net Contributions$8,449
Other Expense$1,700,000
Ending Balance$12,480,575

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