Big Brothers Big Sisters of the Greater Twin Cities

Analysis

Big Brothers Big Sisters of the Greater Twin Cities is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2002, 24 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 the Greater Twin Cities reported income of $7.7m and spending of $5.3m, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.4m to $7.7m (+41%), an average of +9.1% a year. The sharpest change came in the year to September 2021, when income rose by 84%. Over the whole period it spent 64% 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 the Greater Twin Cities sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Boys and Girls Club of North Alabama ($7.7m), Boys & Girls Club of Polk County ($7.7m) and Girl Scouts Heart of Michigan ($7.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $347k (6.5% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $20.1m against liabilities of $342k, net assets of $19.8m. It reported 76 employees.