Boy Scouts of America - Finance

Finance

The National Council is incorporated as a 501(c)(3) non-profit organization and is funded from private donations, membership dues, corporate sponsors, and special events. In 2005, the BSA ranked as the twelfth-largest non-profit organization in the U.S., with total revenues of $665.9 million. As of January 2007, the American Institute of Philanthropy listed former Chief Scout Executive Roy Williams as having the fifth-highest compensation of any nonprofit chief in the United States, at $916,028. In 2005, Williams' pay was 0.26% of total expenses, whereas the national average among charities was a higher 0.34%. Williams was honored in 2005 and 2006 as one of the top fifty most effective non-profit leaders by the Non-Profit Times.

2008 Income
Fees $79,761,000
Supply operations $19,339,000
Contributions and bequests $15,255,000
Retirement benefits trust $10,797,000
Primary trading post sales $6,559,000
Magazine publications $2,025,000
Total Income $133,736,000
2008 Expenses
Program development and delivery $51,754,000
Field operations $39,368,000
Insurance programs $23,926,000
Human resources and training $11,026,000
Program marketing $9,981,000
World Scout Bureau fees $1,344,000
Total program expenses $137,399,000
Source: Better Business Bureau.
The above numbers are for National Council operations and do not include local council income or expenses.

Robert Mazzuca, Chief Scout Executive of Boy Scouts of America, received $1,211,572 salary/compensation from the charity. This is the 4th most money given by any charity to the head of the charity, according to Charity Watch. Charity Watch rates BSA an "A".

Read more about this topic:  Boy Scouts Of America

Famous quotes containing the word finance:

    Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capitalism is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun, in which the division of all territories of the globe among the biggest capitalist powers has been completed.
    Vladimir Ilyich Lenin (1870–1924)

    A bank is a confidence trick. If you put up the right signs, the wizards of finance themselves will come in and ask you to take their money.
    Christina Stead (1902–1983)

    There is an enormous chasm between the relatively rich and powerful people who make decisions in government, business, and finance and our poorer neighbors who must depend on these decisions to alleviate the problems caused by their lack of power and influence.
    Jimmy Carter (James Earl Carter, Jr.)