Big Brothers & Big Sisters Services Inc

Analysis

Big Brothers & Big Sisters Services Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in July 1965, 61 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 Services Inc reported income of $832k and spending of $708k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $891k to $832k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 104% 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 Services 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 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Coalition for Radical Life Extension ($832k), Childrens Bible Ministries Inc ($832k) and Wisconsin Medical Society Foundation Inc ($832k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $405k. At year end it held assets of $515k against liabilities of $65k, net assets of $450k. It reported 11 employees.