Big Brothers Big Sisters Southern Lake Michingan Region Inc

Analysis

Big Brothers Big Sisters Southern Lake Michingan Region Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in June 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 Southern Lake Michingan Region Inc reported income of $701k and spending of $636k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $219k to $701k (+220%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 135%. Over the whole period it spent 104% 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 Southern Lake Michingan Region Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include National Church Residences of ($701k), Literacy Volunteers of Illinois Inc ($701k) and Louisiana Hemophilia Foundation ($701k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $79k (12% of expenses). Other salaries and wages came to $211k. At year end it held assets of $327k against liabilities of $74k, net assets of $253k. It reported 9 employees.