Heart of Illinois Big Brothers/Big Sisters

Analysis

Heart of Illinois Big Brothers/Big Sisters is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in July 1980, 46 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, Heart of Illinois Big Brothers/Big Sisters reported income of $773k and spending of $630k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $439k to $773k (+76%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Heart of Illinois Big Brothers/Big Sisters sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Williamstown Youth Center Inc ($773k), Sustnbl Cpe-Cntr for Agrcltrl PRSRV Education-Foundation Inc ($774k) and Korean American Special Education Center ($773k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $75k (12% of expenses). Other salaries and wages came to $289k. At year end it held assets of $978k against liabilities of $57k, net assets of $921k. It reported 16 employees.