Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Lake Charles, 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 2022, Boy Scouts of America reported income of $289k and spending of $675k, spending 233% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.0m to $289k (-72%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 68%. Over the whole period it spent 111% 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 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within LA. Charities of a similar size with the same main cause include Sacramento Housing Alliance ($289k), Salt Lake County Mental Health Housing Incorporated ($289k) and Stillmeadow Community Projects Inc ($289k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 90% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $112k (17% of expenses). Other salaries and wages came to $218k. At year end it held assets of $2.1m against liabilities of $44k, net assets of $2.1m. It reported 9 employees.