Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Tulsa, OK. 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 $4.5m and spending of $5.7m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.4m to $4.5m (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 125% 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 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OK. Charities of a similar size with the same main cause include Childkind Inc ($4.5m), Stratford Library Association ($4.5m) and Country Schools ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $383k (6.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $36.0m against liabilities of $280k, net assets of $35.7m. It reported 100 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.