Big Brothers - Big Sisters of Will and Grundy Counties

Analysis

Big Brothers - Big Sisters of Will and Grundy Counties is a registered charity in United States, based in Joliet, IL. It received its IRS tax-exemption ruling in May 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 Will and Grundy Counties reported income of $280k and spending of $445k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $291k to $280k (-3.8%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 157% 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 Will and Grundy Counties sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Allegheny Council to Improve Our Neighborhoods Housing Incorporated ($280k), PTA California Congress of Parents Teachers & Students Inc ($280k) and Sippican Historical Society ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $70k (16% of expenses). Other salaries and wages came to $144k. At year end it held assets of $685k against liabilities of $131k, net assets of $554k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.