Boy Scouts of America

Analysis

Boy Scouts of America is a registered charity in United States, based in Honolulu, HI. 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 $2.7m and spending of $3.2m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $2.7m (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 111% 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 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within HI. Charities of a similar size with the same main cause include Developmental Disabilities Information Service Inc ($2.7m), Saratoga Center for the Family ($2.7m) and United Cerebral Palsy Center for Disability Services ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $126k (3.9% of expenses). Other salaries and wages came to $901k. At year end it held assets of $13.5m against liabilities of $2.3m, net assets of $11.2m. It reported 30 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.