Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Long Beach, CA. 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 $1.8m and spending of $2.2m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.8m (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 141% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include International Housing and Economic Development Corporation ($1.8m), National Society to Prevent Blindness ($1.8m) and United Way of Bristol Tenn Va Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $113k (5.1% of expenses). Other salaries and wages came to $642k. At year end it held assets of $10.5m against liabilities of $259k, net assets of $10.2m. It reported 58 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.