Big Brothers Big Sisters of the Southern Adirondacks Inc

Analysis

Big Brothers Big Sisters of the Southern Adirondacks Inc is a registered charity in United States, based in Glens Falls, NY. It received its IRS tax-exemption ruling in May 1988, 38 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 December 2023, Big Brothers Big Sisters of the Southern Adirondacks Inc reported income of $578k and spending of $503k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $578k (+108%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 89% 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 the Southern Adirondacks Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Atlanta Growing Leadership of Women Inc ($578k), Capital Area Soccer Association ($579k) and Escape Yfgk ($578k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $97k (19% of expenses). Other salaries and wages came to $201k. At year end it held assets of $611k against liabilities of $256k, net assets of $355k. It reported 7 employees.