Big Brothers Big Sisters of Southern Maine

Analysis

Big Brothers Big Sisters of Southern Maine is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Big Brothers Big Sisters of Southern Maine reported income of $743k and spending of $825k, spending 111% of what it took in. Across the 6 years on record, from September 2019 to December 2023, income grew from $483k to $743k (+54%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 386%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Brothers Big Sisters of Southern Maine sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within ME. Charities of a similar size with the same main cause include Minnesota Voice ($743k), Historic Ithaca Inc ($743k) and Blaine County School District Education Foundation ($743k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $114k (14% of expenses). Other salaries and wages came to $380k. At year end it held assets of $1.5m against liabilities of $167k, net assets of $1.3m. It reported 8 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.