Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Amarillo, 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 $1.8m and spending of $2.1m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.8m (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 98% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.8m), Lighthouse of Pinellas Inc ($1.8m) and Sports World Ministries Incorporated ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $121k (5.9% of expenses). Other salaries and wages came to $608k. At year end it held assets of $12.0m against liabilities of $110k, net assets of $11.9m. It reported 50 employees.