Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Topeka, KS. 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 $953k and spending of $1.2m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $953k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 140% 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 79th percentile, and in the 79th percentile within KS. Charities of a similar size with the same main cause include LA Casa de Amistad Inc ($953k), Essential Information Inc ($954k) and Red Clay Dance Company Inc ($953k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 10% of the total. Other salaries and wages came to $495k. At year end it held assets of $8.7m against liabilities of $597k, net assets of $8.1m. It reported 30 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.