Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Tyler, 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 $1.3m and spending of $1.7m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.3m (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 123% 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 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Wisconsin Family Ties Inc ($1.3m), National Church Residences of ($1.3m) and Access to Independence ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $255k (15% of expenses). Other salaries and wages came to $351k. At year end it held assets of $1.5m against liabilities of $155k, net assets of $1.3m. It reported 33 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.