Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Macon, GA. 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 $943k and spending of $1.4m, spending 144% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $1.1m to $943k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 143% 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 82nd percentile within GA. Charities of a similar size with the same main cause include Teaching Humane Existence Treatment Program Inc ($943k), YWCA Greensboro ($943k) and Summit Future Foundation ($943k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 69% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $153k (11% of expenses). Other salaries and wages came to $476k. At year end it held assets of $1.8m against liabilities of $590k, net assets of $1.2m. It reported 19 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.