Big Brothers Big Sisters of Northwestern Michigan

Analysis

Big Brothers Big Sisters of Northwestern Michigan is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in September 1970, 56 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 Northwestern Michigan reported income of $944k and spending of $979k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $585k to $944k (+62%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 91% 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 Northwestern Michigan sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Johnson County Christmas Bureau Association ($944k), Meals on Wheels of Odessa Incorporated ($945k) and Texas Municipal Clerks Association Inc ($944k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Other salaries and wages came to $712k. At year end it held assets of $917k against liabilities of $299k, net assets of $619k. It reported 11 employees.