Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Springdale, AR. 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 $1.1m and spending of $1.6m, spending 146% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.6m to $1.1m (-28%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 142% 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 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within AR. Charities of a similar size with the same main cause include Pro-Life Action Ministries Inc ($1.1m), Boy Scouts of America ($1.1m) and Presque Isle County Council on Ageing ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 46% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $126k (7.6% of expenses). Other salaries and wages came to $547k. At year end it held assets of $4.3m against liabilities of $1.0m, net assets of $3.3m. It reported 54 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.