Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in January 1979, 47 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 $1.1m and spending of $1.2m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+5.2%), an average of +1.3% a year. The sharpest change came in the year to December 2022, when income rose by 186%. 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 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within AK. Charities of a similar size with the same main cause include Volunteers of America Inc ($1.1m), Bitcoin Policy Institute ($1.1m) and Ridge Residences Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $124k (10% of expenses). Other salaries and wages came to $370k. It paid $510 in professional fundraising fees. At year end it held assets of $8.7m against liabilities of $152k, net assets of $8.5m. It reported 49 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.