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 $286k and spending of $428k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $830k to $286k (-66%), an average of -23% a year. The sharpest change came in the year to December 2022, when income rose by 187%. Over the whole period it spent 94% 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 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Carpenter-Carse Library ($286k), Cornwall Housing Corporation ($286k) and Caldwell Foundation for Educational Opportunity Inc ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $5.7m against liabilities of $23k, net assets of $5.7m.

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.