Big Brothers Big Sisters of Midland County Inc

Analysis

Big Brothers Big Sisters of Midland County Inc is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in January 1957, 69 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 of Midland County Inc reported income of $848k and spending of $717k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $798k to $848k (+6.3%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 96% 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 Midland County Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Stratford Foundation Inc ($848k), Methodist Justice Ministry ($848k) and Central Illinois Veterans Center ($848k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $100k (14% of expenses). Other salaries and wages came to $323k. At year end it held assets of $1.9m against liabilities of $193k, net assets of $1.7m. It reported 12 employees.