Big Brothers & Big Sisters of Colorado Inc

Analysis

Big Brothers & Big Sisters of Colorado Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 1982, 44 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 September 2023, Big Brothers & Big Sisters of Colorado Inc reported income of $4.8m and spending of $4.7m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.1m to $4.8m (+57%), an average of +12% a year. The sharpest change came in the year to September 2022, when income rose by 113%. Over the whole period it spent 79% 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 Colorado Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Boys & Girls Club of Salem Marion & Polk Counties Inc ($4.8m), Next One Up Foundation Inc ($4.8m) and R I D G E Project Inc ($4.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $299k (6.3% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $7.7m against liabilities of $235k, net assets of $7.5m. It reported 50 employees.