Big Brothers-Big Sisters of Long Island Inc

Analysis

Big Brothers-Big Sisters of Long Island Inc is a registered charity in United States, based in Islandia, NY. It received its IRS tax-exemption ruling in November 1977, 49 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, Big Brothers-Big Sisters of Long Island Inc reported income of $2.8m and spending of $2.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.8m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 94% 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 Long Island Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.8m), Greenwood Christian School Inc ($2.8m) and Pivotal Connections ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $152k (5.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.2m against liabilities of $823k, net assets of $1.4m. It reported 37 employees.