Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Staunton, VA. 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 2022, Boy Scouts of America reported income of $942k and spending of $1.2m, spending 126% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.3m to $942k (-29%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 119% 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 VA. Charities of a similar size with the same main cause include Hospital Thrift Shop Inc ($942k), Broken Chains International Inc ($942k) and Privacy Rights Clearinghouse ($942k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 23% and program service revenue 50% of the total. Other salaries and wages came to $489k. At year end it held assets of $5.1m against liabilities of $971k, net assets of $4.2m. It reported 8 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.