Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Harlingen, TX. 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 $663k and spending of $1.3m, spending 192% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $663k (-51%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 164% 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 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Alzheimers & Dementia Resource Center Inc ($663k), Ward County Council on Aging ($663k) and Triangle Community Outreach Inc ($663k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $46k (3.6% of expenses). Other salaries and wages came to $63k. At year end it held assets of $4.5m against liabilities of $146k, net assets of $4.3m. It reported 16 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.