Big Brothers Big Sisters of Lubbock Inc

Analysis

Big Brothers Big Sisters of Lubbock Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in March 1972, 54 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 Lubbock Inc reported income of $400k and spending of $409k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $352k to $400k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 93% 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 Lubbock Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Kenai Performers ($400k), Resources for Organizing and Social Change ($400k) and San Ramon Valley Education Foundation ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $79k (19% of expenses). Other salaries and wages came to $166k. At year end it held assets of $604k against liabilities of $39k, net assets of $565k. It reported 11 employees.