Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Wichita Falls, 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 $840k and spending of $790k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $632k to $840k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 95% 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 Rehabilitation Center Therapeutic Solutions for Children and Adults ($840k), Volunteers of America Inc ($840k) and Pharmacy of Grace Inc ($839k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $119k (15% of expenses). Other salaries and wages came to $101k. At year end it held assets of $3.2m against liabilities of $69k, net assets of $3.2m. It reported 18 employees.