Big Brother-Big Sister Foundation

Analysis

Big Brother-Big Sister Foundation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Big Brother-Big Sister Foundation reported income of $116k and spending of $53k, leaving 55% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $3.2m to $116k (-96%), an average of -67% a year. The sharpest change came in the year to December 2020, when income dropped by 80%. Over the whole period it spent 112% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Big Brother-Big Sister Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Responsible Recycling Charitable Foundation ($116k), Friends of the City Market ($116k) and Becky Lee Womens Support Fund ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $70k against liabilities of $180k, net assets of -$111k.