Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Hurst, 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 $6.9m and spending of $9.3m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.8m to $6.9m (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 105% 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 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include The Cooper Foundation Inc ($6.9m), Progress Valley Inc Corporate Offices ($6.9m) and Barter Foundation Incorporated State Theatre of Virginia ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $425k (4.6% of expenses). Other salaries and wages came to $2.4m. It paid $24k in professional fundraising fees. At year end it held assets of $3.1m against liabilities of $1.5m, net assets of $1.6m. It reported 150 employees.