Boy Scouts of America
Analysis
Boy Scouts of America is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in April 1971, 55 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 $1.5m and spending of $2.1m, spending 144% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.5m to $1.5m (-1.2%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 140% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boy Scouts of America sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Boys & Girls Club of Adams County Inc ($1.5m), Boys and Girls Club of the Arkansas River Valley ($1.5m) and Reality Ministries Inc ($1.5m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 33% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $160k (7.6% of expenses). Other salaries and wages came to $657k. At year end it held assets of $7.4m against liabilities of $1.4m, net assets of $5.9m. It reported 77 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.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 59%
- Other 7.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Boys & Girls Club of Adams County Inc | Decatur | $1.5m |
| Boys and Girls Club of the Arkansas River Valley | Russellville | $1.5m |
| Reality Ministries Inc | Durham | $1.5m |
| Glen Cove Boys and Girls Club at Lincoln House Inc | Glen Cove | $1.5m |