Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Meridian, MS. 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 $627k and spending of $693k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $696k to $627k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 102% 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 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within MS. Charities of a similar size with the same main cause include Liberty Center for God and Country ($627k), Dallas Rotary Club Foundation ($627k) and Catherine McAuley Mercy Foundation Inc ($627k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $105k (15% of expenses). Other salaries and wages came to $160k. At year end it held assets of $1.3m against liabilities of $137k, net assets of $1.1m. 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.