Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Salina, 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 $1.1m and spending of $1.5m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.1m (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 134% 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 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within KS. Charities of a similar size with the same main cause include The Pacific Pride Foundation Inc ($1.1m), Fitmoney Inc ($1.1m) and Far West Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $124k (8.4% of expenses). Other salaries and wages came to $433k. At year end it held assets of $5.4m against liabilities of $936k, net assets of $4.4m. It reported 63 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.