Big Brothers Big Sisters of the Capital Region Inc

Analysis

Big Brothers Big Sisters of the Capital Region Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in May 1966, 60 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 the Capital Region Inc reported income of $489k and spending of $522k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $656k to $489k (-25%), an average of -7.1% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 104% 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 the Capital Region Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Riverfront Trolley Association Inc ($489k), Arts Critic Atl Inc ($489k) and Isanti County Agricultural Society ($489k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $106k (20% of expenses). Other salaries and wages came to $217k. At year end it held assets of $371k against liabilities of $165k, net assets of $206k. It reported 11 employees.