Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Beaumont, 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 $846k and spending of $859k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $963k to $846k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 104% 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 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Society for International Affairs ($845k), Windham County 4 H Foundation Incorporated ($846k) and Heath School Extended Day Inc ($845k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $139k (16% of expenses). Other salaries and wages came to $235k. At year end it held assets of $3.3m against liabilities of $256k, net assets of $3.0m. It reported 7 employees.