Big Brothers Big Sisters of Miami Institute Inc

Analysis

Big Brothers Big Sisters of Miami Institute Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Institute Inc reported income of $461k and spending of $817k, spending 177% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $416k to $461k (+11%), an average of +2.6% a year. Over the whole period it spent 176% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Big Brothers Big Sisters of Miami Institute Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Road Runners Club of America ($460k), Aslan Inc ($461k) and Camp Hertko Hollow Inc ($460k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $8.9m against liabilities of $9.6m, net assets of -$697k.

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.