Big Brothers-Big Sisters of Western Massachusetts Inc

Analysis

Big Brothers-Big Sisters of Western Massachusetts Inc is a registered charity in United States, based in W Springfield, MA. It received its IRS tax-exemption ruling in March 1984, 42 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 June 2023, Big Brothers-Big Sisters of Western Massachusetts Inc reported income of $324k and spending of $397k, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $358k to $324k (-9.7%), an average of -2.5% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 105% 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 Western Massachusetts Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Big Thompson Manor Inc ($324k), Church in Mission Inc ($324k) and Assistance League of Saddleback Val Ley ($324k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $89k (22% of expenses). Other salaries and wages came to $198k. At year end it held assets of $244k against liabilities of $27k, net assets of $217k. It reported 10 employees.