Big Brothers Big Sisters of Southeast Michigan

Analysis

Big Brothers Big Sisters of Southeast Michigan is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in August 2007, 19 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 December 2023, Big Brothers Big Sisters of Southeast Michigan reported income of $3.1m and spending of $1.5m, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $597k to $3.1m (+412%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 269%. Over the whole period it spent 67% 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 Southeast Michigan sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Girl Effect Inc ($3.1m), Maslow Project ($3.1m) and Project Life Impact Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $124k (8.4% of expenses). Other salaries and wages came to $865k. At year end it held assets of $2.5m against liabilities of $156k, net assets of $2.3m. It reported 35 employees.