Big Brothers Big Sisters of Thecentral Piedmont Inc

Analysis

Big Brothers Big Sisters of Thecentral Piedmont Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in June 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 2024, Big Brothers Big Sisters of Thecentral Piedmont Inc reported income of $810k and spending of $868k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $858k to $810k (-5.6%), an average of -1.4% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 78% 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 Thecentral Piedmont Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Moving Forward Institute ($809k), First California Robotics ($811k) and Chestnut Mountain Ranch Foundation Inc ($809k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $119k (14% of expenses). Other salaries and wages came to $436k. At year end it held assets of $1.6m against liabilities of $263k, net assets of $1.4m. It reported 13 employees.