Big Brothers-Big Sisters of Metropolitan Chicago

Analysis

Big Brothers-Big Sisters of Metropolitan Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1967, 59 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 June 2023, Big Brothers-Big Sisters of Metropolitan Chicago reported income of $5.9m and spending of $5.6m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.9m to $5.9m (+22%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 94% 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 of Metropolitan Chicago sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Association for Computational Linguistics Inc ($5.9m), Helpmates Inc ($5.9m) and Medical Rescue Team South Authortiy ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $709k (13% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $5.4m against liabilities of $1.0m, net assets of $4.3m. It reported 86 employees.