Big Brothers Big Sisters Michigan Capital Region Inc
Analysis
Big Brothers Big Sisters Michigan Capital Region Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in April 1974, 52 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, Big Brothers Big Sisters Michigan Capital Region Inc reported income of $320k and spending of $462k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $455k to $320k (-30%), an average of -8.4% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 103% 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 Michigan Capital Region Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Syta Youth Foundation Inc ($320k), True North Youth Program ($320k) and Birch Creek Service Ranch ($320k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $97k (21% of expenses). Other salaries and wages came to $190k. At year end it held assets of $1.2m against liabilities of $37k, net assets of $1.2m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Syta Youth Foundation Inc | Arlington | $320k |
| True North Youth Program | Telluride | $320k |
| Birch Creek Service Ranch | Spring City | $320k |
| North Pasadena Community Outreach Organization Inc | Pasadena | $321k |