Big Brothers and Big Sisters of Metropolitan Milwaukee Inc

Analysis

Big Brothers and Big Sisters of Metropolitan Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in December 1976, 50 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 and Big Sisters of Metropolitan Milwaukee Inc reported income of $3.2m and spending of $2.2m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.2m (+15%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Brothers and Big Sisters of Metropolitan Milwaukee Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Nami Minnesota ($3.2m), Partnership for Economic Policy Inc ($3.2m) and Top Ladies of Distinction Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $350k (16% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.0m against liabilities of $356k, net assets of $4.6m. It reported 44 employees.