Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Texarkana, 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 $842k and spending of $1.1m, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $853k to $842k (-1.3%), an average of -0.3% a year. The sharpest change came in the year to December 2020, when income rose by 76%. Over the whole period it spent 103% 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 75th percentile: it is larger than about 75% 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 Oh-Go ($842k), United Way for South Louisiana ($842k) and Albin Polasek Museum and Sculpture Gardens Inc ($842k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $127k (11% of expenses). Other salaries and wages came to $238k. At year end it held assets of $1.2m against liabilities of $81k, net assets of $1.1m. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.