Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Midland, 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 $1.0m and spending of $1.3m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.0m (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 129% 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 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Reclaiming Lives ($1.0m), Team Eugene Aquatics Inc ($1.0m) and Girls Incoporated of Bristol ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $130k (9.8% of expenses). Other salaries and wages came to $366k. At year end it held assets of $2.7m against liabilities of $1.4m, net assets of $1.3m. It reported 57 employees.