Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Bloomington, IN. 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 $1.3m and spending of $1.8m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 108% 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 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Nebraska Sports Council ($1.3m), Rochester Juvenile Hockey Association ($1.3m) and Association of Family Medicine Residency Directors ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $161k (9.1% of expenses). Other salaries and wages came to $548k. At year end it held assets of $3.8m against liabilities of $648k, net assets of $3.2m. It reported 75 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.