Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Memphis, TN. 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 $123k and spending of $265k, spending 215% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $174k to $123k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2020, when income rose by 158%. Over the whole period it spent 172% 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 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within TN. Charities of a similar size with the same main cause include Lakota Ambulance Service Inc ($123k), Wsa Housing Development Fund Co ($123k) and Glastonbury Abc Inc ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% of the total. Compensation of current officers, directors and key employees was $22k (8.4% of expenses). At year end it held assets of $4.8m against liabilities of $0, net assets of $4.8m.