Big Brothers Big Sisters of the Upstate Inc

Analysis

Big Brothers Big Sisters of the Upstate Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in May 2006, 20 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 June 2023, Big Brothers Big Sisters of the Upstate Inc reported income of $341k and spending of $538k, spending 158% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $314k to $341k (+8.7%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 76% 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 Upstate Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within SC. Charities of a similar size with the same main cause include Ashburn Youth Football League Inc ($341k), Cops N Kids Reading Center Inc ($341k) and Mission Clubs Inc ($341k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $62k (12% of expenses). Other salaries and wages came to $280k. At year end it held assets of $554k against liabilities of $54k, net assets of $500k. It reported 13 employees.