Big Brothers Big Sisters of the Midlands

Analysis

Big Brothers Big Sisters of the Midlands is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 1963, 63 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 December 2023, Big Brothers Big Sisters of the Midlands reported income of $4.0m and spending of $3.0m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $4.0m (+92%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 76% 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 Midlands sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within NE. Charities of a similar size with the same main cause include Arc Xvi Fort Washington Inc ($4.0m), National Ataxia Foundation Inc ($4.0m) and Love Has No Limits Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $420k (14% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $5.9m against liabilities of $279k, net assets of $5.7m. It reported 38 employees.