Big Brothers Big Sisters of Central Iowa Inc

Analysis

Big Brothers Big Sisters of Central Iowa Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in November 1967, 59 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 Central Iowa Inc reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.4m (+13%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 146%. Over the whole period it spent 67% 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 Central Iowa Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within IA. Charities of a similar size with the same main cause include Catholic Comm Service in Home Support of Northeast Kansas in ($1.4m), Child Evangelism Fellowship of North Carolina Inc ($1.4m) and South Dakota Parks & Wildlife Foundation ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $135k (10% of expenses). Other salaries and wages came to $611k. At year end it held assets of $2.7m against liabilities of $83k, net assets of $2.6m. It reported 25 employees.