Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in September 1984, 42 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 $1.3m and spending of $1.6m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.3m (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 117% 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 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Carroll Co Agriculture Center ($1.3m), Homes for New Yorkers ($1.3m) and Resurrection House Association ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $154k (9.4% of expenses). Other salaries and wages came to $382k. At year end it held assets of $5.8m against liabilities of $563k, net assets of $5.2m. It reported 50 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.