Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in San Angelo, 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 $538k and spending of $598k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $535k to $538k (+0.6%), an average of +0.1% a year. 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 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Bear Grass Fire Rescue Inc ($538k), Oregon & SW Washington African Community Development Center ($538k) and Association of California Symphony Orchestras ($538k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $141k (24% of expenses). Other salaries and wages came to $63k. At year end it held assets of $1.4m against liabilities of $93k, net assets of $1.3m. It reported 7 employees.