Big Brothers & Big Sisters of Cedar Rapids and East Central Iowa Inc

Analysis

Big Brothers & Big Sisters of Cedar Rapids and East Central Iowa Inc is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in January 1982, 44 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 Cedar Rapids and East Central Iowa Inc reported income of $877k and spending of $1.1m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $784k to $877k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 107% 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 Cedar Rapids and East Central Iowa 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 78th percentile, and in the 80th percentile within IA. Charities of a similar size with the same main cause include Second Servings of Houston ($876k), Mercer Island Youth Soccer Club ($877k) and Rebuilding Together of Richmond ($876k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $239k (23% of expenses). Other salaries and wages came to $480k. At year end it held assets of $870k against liabilities of $70k, net assets of $800k. It reported 24 employees.