Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Guaynabo, PR. 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 $2.1m and spending of $2.4m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $513k to $2.1m (+310%), an average of +42% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 169% 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 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 81st percentile within PR. Charities of a similar size with the same main cause include Young Womens Christian Association ($2.1m), Monroe County Public Library ($2.1m) and Franklin Center for Global Policy Exchange ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 71% of the total. Other salaries and wages came to $519k. At year end it held assets of $5.9m against liabilities of $376k, net assets of $5.5m. 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.