Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Baton Rouge, LA. 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 $1.0m and spending of $1.2m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.0m (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 49%. Over the whole period it spent 95% 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 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Boys and Girls Club of Troy ($1.0m), Kingsborough Community College Auxiliary Enterprises Corp ($1.0m) and St Lukes Care Center Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $78k (6.2% of expenses). Other salaries and wages came to $340k. At year end it held assets of $4.0m against liabilities of $141k, net assets of $3.9m. It reported 28 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.