Big Brothers Big Sisters of Cumberland & Salem Counties Inc

Analysis

Big Brothers Big Sisters of Cumberland & Salem Counties Inc is a registered charity in United States, based in Bridgeton, NJ. It received its IRS tax-exemption ruling in February 1986, 40 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 Cumberland & Salem Counties Inc reported income of $883k and spending of $777k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $539k to $883k (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 84% 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 Cumberland & Salem Counties Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Texas Lyceum Association Inc ($883k), Community Renewal Inc ($883k) and Legion of Good Will ($883k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $102k (13% of expenses). Other salaries and wages came to $299k. At year end it held assets of $2.6m against liabilities of $848k, net assets of $1.8m. It reported 13 employees.