Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Las Vegas, NV. 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 $4.1m and spending of $4.3m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.1m (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 114% 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 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NV. Charities of a similar size with the same main cause include Abused Adult Resource Center ($4.1m), Duwamish Tribal Services ($4.1m) and Central Christian Schools ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $349k (8.2% of expenses). Other salaries and wages came to $934k. At year end it held assets of $13.3m against liabilities of $4.2m, net assets of $9.1m. It reported 42 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.