Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Seattle, WA. 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 2022, Boy Scouts of America reported income of $4.2m and spending of $5.9m, spending 141% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $6.4m to $4.2m (-34%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 113% 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 92nd percentile within WA. Charities of a similar size with the same main cause include Federated Insurance Foundation Inc ($4.2m), New Hope Manor Inc ($4.2m) and Pacific Crest Montessori School ($4.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 43% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $414k (7.0% of expenses). Other salaries and wages came to $1.9m. It paid $10k in professional fundraising fees. At year end it held assets of $33.2m against liabilities of $1.5m, net assets of $31.7m. It reported 147 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.