Big Brothers-Big Sisters of Lorain County

Analysis

Big Brothers-Big Sisters of Lorain County is a registered charity in United States, based in Elyria, OH. It received its IRS tax-exemption ruling in December 1995, 31 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 June 2023, Big Brothers-Big Sisters of Lorain County reported income of $1.0m and spending of $980k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $424k to $1.0m (+147%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 61%. Over the whole period it spent 94% 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 Lorain County sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Girls Inc of Greater Los Angeles ($1.0m), Fortress Youth Development Center Inc ($1.0m) and Camp Fire ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $87k (8.9% of expenses). Other salaries and wages came to $369k. At year end it held assets of $505k against liabilities of $318k, net assets of $188k. It reported 12 employees.