Big Brothers Big Sisters of the Black Hills

Analysis

Big Brothers Big Sisters of the Black Hills is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in September 1966, 60 years ago. The IRS classifies it as a church 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 the Black Hills reported income of $376k and spending of $430k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $536k to $376k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 101% 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 the Black Hills sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within SD. Charities of a similar size with the same main cause include Thomas R Elsasser Memorial Scholarship Fund Inc ($376k), California Saca Foundation ($376k) and Studio at 620 Inc ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $77k (18% of expenses). Other salaries and wages came to $210k. At year end it held assets of $867k against liabilities of $32k, net assets of $835k. It reported 11 employees.