Big Brothers Big Sisters of Central Mass Metrowest Inc

Analysis

Big Brothers Big Sisters of Central Mass Metrowest Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in April 1964, 62 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Big Brothers Big Sisters of Central Mass Metrowest Inc reported income of $1.5m and spending of $1.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $994k to $1.5m (+48%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Big Brothers Big Sisters of Central Mass Metrowest Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Harbor Light Foundation ($1.5m), Sims-Fayola Foundation Inc ($1.5m) and Glen Cove Boys and Girls Club at Lincoln House Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $148k (9.7% of expenses). Other salaries and wages came to $713k. At year end it held assets of $1.9m against liabilities of $743k, net assets of $1.2m. It reported 24 employees.