Big Brothers Big Sisters of Miami Foundation Inc

Analysis

Big Brothers Big Sisters of Miami Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Miami Foundation Inc reported income of $81k and spending of $96k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $675k to $81k (-88%), an average of -41% a year. The sharpest change came in the year to June 2020, when income dropped by 92%. Over the whole period it spent 255% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Big Brothers Big Sisters of Miami Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include New Albany Womens Network ($81k), LA Plazita Community Building Inc ($81k) and Practical Compassion Inc ($81k).

At year end it held assets of $4.9m against liabilities of $47k, net assets of $4.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.