Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in November 1965, 61 years ago. 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 $931k and spending of $856k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $931k (-49%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boy Scouts of America sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Contact Ministries ($930k), Prism Way ($931k) and Cortland Repertory Theatre Inc ($930k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $149k (17% of expenses). Other salaries and wages came to $145k. At year end it held assets of $3.6m against liabilities of $100k, net assets of $3.5m. It reported 43 employees.