Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Bartlesville, 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 $569k and spending of $600k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $569k (-49%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 93% 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 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OK. Charities of a similar size with the same main cause include B a S E Camp Childrens Cancer Foundation Inc ($569k), Cheryls Learning Center Inc ($569k) and North Central Vermont Recovery Center Inc ($569k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 22% of the total. Other salaries and wages came to $253k. At year end it held assets of $1.7m against liabilities of $362k, net assets of $1.4m. It reported 6 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.