Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Lubbock, 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 $785k and spending of $878k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $785k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 108% 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 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Liberty Park Child Development Center ($785k), The Street Trust Community Fund ($786k) and National Council on Measurement in Education Inc ($785k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $104k (12% of expenses). At year end it held assets of $937k against liabilities of $383k, net assets of $554k.

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.